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246 Lake Ave, Newton MA 02461

Newton, MA 02461 • Newton Highlands
$1,950,000
Est. $10,379/month
6
Beds
2
Baths
3,100
Sq Ft
$629
Price/Sq Ft
0.34
Acres
1880
Year Built
Multi Family
Type
12
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73238355

About this home

Tucked on a tree-lined street a block from Crystal Lake this handsome two-family residence, set on an 14,600 sqft lot, is near the “T”, and shops & restaurants of both Newton Highlands & Newton Centre. A front porch invites you into this home filled with architectural details, abundant light, oversized windows, & high ceilings. Each unit, well designed with flexible space, has 3 bedrooms, full bathroom, living room w/ fireplace, dining room w/ built-in china cabinet, & eat-in kitchen. The first floor unit offers access from the kitchen to the backyard & 2 car garage. The second floor unit offers access from the kitchen to a back porch overlooking the yard, 3 season porch, & walk-up attic with over 11’ ceiling at center. The lower level includes laundry separate systems, & storage. Improvements: 2023 & 2024 interior painted & bathrooms~tiles & tubs porcelain glazed, 2016 roof, replacement windows throughout. This property presents an excellent opportunity for investors & end-users alike

Sale Statistics

Sale Overview
Original List Price: $1,749,000
Final Sale Price: $1,950,000
Difference: +$201,000 (+11.5%)
Performance Metrics
111.5%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $564
Sale $/sq ft: $629
This property sold for $629 per square foot
Sale Summary

This property sold for 11.5% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1880
Bedrooms
6
Full Bathrooms
2
Living Area
3,100 sq ft
Total Rooms
13
Stories
3
Levels
3

Interior Features

Flooring
Hardwood
Has Fireplace
Yes
Number of Fireplaces
2
Basement Details
Full
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Rain Gutters
Patio/Porch Features
Porch, Deck - Wood
Has Spa
No
Waterfront Features
Lake/Pond, 0 to 1/10 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.34 acres
Lot Size
14,600 sq ft
Lot Size Area
0.3400
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$12,470
Tax Year
2024
Tax Assessed Value
$1,277,700
Parcel Number
S:52 B:023 L:0009,694732
Zoning
SR2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
2016 Solar Panels ask broker & New Roof, 2007 Burnham gas boilers, unit number one leased through June 2024, and will be shown at weekend open houses ~ unit number two is vacant and easy to show. Potential expansion possibility In walk-up Attic. Asbestos-wrapped pipes in the basement.

Location

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Neighborhood

Newton Highlands

246 Lake Ave, Newton MA 02461

Newton, MA 02461

Walkability

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Schools

Elementary School
Mason Rice
Rating information coming soon
Middle School
Brown
Rating information coming soon
High School
Newton South
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,039
Homeowners Insurance $200
PMI $0

Property History

Market Insights

10.3%
Price Range
13
Total Days on Market

Property Timeline

✓
Sold
Nov 25, 2024
$1,950,000
Property sold
Days on Market: 13
🏠
Listed for Sale
May 15, 2024
$1,749,000
Original listing
Agent: Concierge Home Sales By the Kerzner Group Office: Hammond Residential Real Estate

Price & Status History

Date Event Price Change
May 15, 2024 New Listing Added $1,749,000 —

Market Statistics

Days on Market
12 days
Price per Sq Ft
$629

Tax History

Year Taxes Assessment
2024 $12,470 $1,277,700

Financial Details

Annual Property Tax
$12,470
Tax Year 2024
Assessed Value
$1,277,700

Listing Information

Listing Agent Concierge Home Sales By the Kerzner Group
Listing Office Hammond Residential Real Estate
Agent MLS ID TM340666
Office MLS ID AN3108

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