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Home Massachusetts Newton Apartments

Newton 5 beds 6 baths - $14,500

$14,500/mo
5 Beds
6 Baths
Available: 08/01/2024
Newton, MA
14 Sterling Street, Newton, MA 02465
Listing courtesy of Ezra Stillman, Hammond Residential Real Estate

Amenities & Apartment Information

Unit

In-Unit Laundry / Hook-Ups

Property Description

West Newton Hill. 1895 Victorian home, expanded/fully renovated both inside and out in 2024. All new systems and surfaces. Sun splashed open floor plan with 9-foot ceilings. Kitchen includes: 42 in fridge, 6 burner range, double sinks and dishwashers, wine fridge. Walk-in pantry. Open kitchen/dining/family area. Water-vapor fireplace in L/R. Oversized Marvin "Ultimate" windows on every level. Rift and quartersawn hardwood floors. Heated tile floors. Each bedroom has bath ensuite. Two bright offices. Laundry on 2nd and 3rd floors. Additional primary bedroom/studio on 3rd floor with grand picture window. Two-car tandem heated garage under with mudroom access. Wired for 2 car chargers. HVAC zones on each level. Outside: "rocking chair" front porch, artisan-built stone walls, lovely bluestone patio overlooking large well landscaped yard, rear deck off kitchen. Well crafted, nice sized, new house with features and functionality of larger home. Blocks to West Newton Square and Peirce School.

Price Comparison

This apartment is above the average price of $6,833 for 5 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 Boston Pads now to see this apartment or request a rental application.

Average Rent Prices for 5 Bedroom Apartments in Newton

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$527,273 - $696,000

You + 4 Roommates, Each:

$116,000 - $139,200
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

$20,300

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Mid Range

25% of Gross Income

$14,500

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Low Range

15% of Gross Income

$8,700

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Have You Considered Buying
Your Own Home?

Instead of paying $14,500/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.