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Home Massachusetts Newton Apartments

Newton 2 beds 2 baths - $4,900

$4,900/mo
2 Beds
2 Baths
Available: 07/01/2024
Newton, MA
101 Falmouth Rd, Newton, MA 02465
Listing courtesy of Melissa Hunter, Lamacchia Realty, Inc.

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry

Property Description

Available in July! Beautifully renovated Single Family home in a sought after Newton neighborhood! Features 2 bedrooms, 2 full spa-inspired bathrooms, off-street parking, laundry, fenced-in-yard, central A/C and more! First floor includes a bright open concept Kitchen, Dining Room & Living Room with new appliances including an induction stovetop. Two sizable Bedrooms and an updated Bathroom complete the first level. The finished Lower level consists of an additional updated bathroom, laundry, a Home Office, a huge walk-in closet perfect for extra storage and two Bonus Rooms, ideal for a workout room and/or a family room. Dogs allowed with the landlords approval, sorry no cats. Enjoy an outdoor retreat on the newly paved patio. The home is conveniently located near Franklin School, parks, shopping, restaurants, public transportation, approximately 20 min drive to Boston and Cambridge. This home is a must see!

Price Comparison

This apartment is above the average price of $2,890 for 2 bedroom apartments in Newton. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Contact us today before this great unit is rented!

Average Rent Prices for 2 Bedroom Apartments in Newton

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$178,182 - $235,200

You + 1 Roommate, Each:

$98,000 - $117,600
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$6,860

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Mid Range

25% of Gross Income

$4,900

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Low Range

15% of Gross Income

$2,940

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Have You Considered Buying
Your Own Home?

Instead of paying $4,900/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.