home in Newton, MA
Set in Newton, MA, this home provides 6 bedrooms and 5 bathrooms across 4,509 square feet. It sits within the greater Boston, MA area.
| Price | $2,349,000 |
|---|
| Beds | 6 |
|---|
| Baths | 5 |
|---|
| Sqft | 4509 |
|---|
| Address | 7 Fredette Road, Newton, MA 02459 |
|---|
Why buy this home
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $15,970/month with 20% down at a 7.28% 30-year fixed rate. You would need about $684,435 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $12,858/mo |
|---|
| Property tax (new-buyer reassessed rate) | $2,232/mo |
|---|
| Homeowners insurance | $881/mo |
|---|
| Total monthly | $15,970/mo |
|---|
| Down payment (20%) | $469,800 |
|---|
| Income needed | $684,435/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (63 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (63/100) |
|---|
| Beats renting in | 14% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $1,138,192 |
|---|
| Range (10th to 90th pct) | $688,168 to $1,680,688 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Boston, MA where local data is thin.
Local home values
Typical home values in Boston, MA have risen about 23% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately