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You are here:
Home Massachusetts Newton Apartments

Newton 3 beds 2 baths - $4,995

Available: 08-01-2024
13 Photos
$4,995/mo
3 Beds
2 Baths
Available: 08/01/2024
Newton, MA
14 Stephen Place, Newton, MA 02461
Listing courtesy of Bell | Whitman Group, Compass

Amenities & Apartment Information

Unit

In-Unit Laundry

Property Description

This lovely split level home is situated on a stunning double lot on serene cul de sac in Newton Highlands. The first level of the home has a modern, open floor plan with renovated kitchen, living room with oversized windows, and a dining area that leads to the enclosed heated porch. The second level has three bedrooms and a full bath. There are two lower levels with one being the perfect space for an informal family room or home office and then the second and larger space which can work well as a play or exercise room. There is also a half bathroom on the lower level and an additional room that is perfect for a home office. The home also features a one car garage and additional storage. The large double lot is stunning and compliments the home with multiple outdoor options. Conveniently located with easy access to routes 128 and 90. Also very near the shops and restaurants of Newton Highlands and Needham Street. No pets will be considered and no smoking allowed.

Price Comparison

This apartment is above the average price of $3,725 for 3 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 3 Bedroom Apartments in Newton

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$181,636 - $239,760

You + 2 Roommates, Each:

$66,600 - $79,920
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

$6,993

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Mid Range

25% of Gross Income

$4,995

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Low Range

15% of Gross Income

$2,997

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Have You Considered Buying
Your Own Home?

Instead of paying $4,995/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.