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16-20 Winter St, Newton Upper Falls, MA, 02464

6beds
3baths
2,208sqft
$1,425,000
$645price/sqft
$9,178/moest. monthly cost
$367,120/yrincome needed

About This Home

Rare value-add opportunity in Newton with full architectural plans and permit set in place for redevelopment. Existing two-family situated on a 11,500+ SF lot in MR1 zoning, with plans designed to expand total living area from approx. 4,600 SF to over 7,300 SF . Proposed layout includes three units with optimized floor plans and increased density potential. Ideal for investors, builders, or developers seeking a head start on design and planning. Property is being Sold "AS IS" with plans and permits. Supporting documents included. Buyer to perform due diligence regarding permitting status and approvals.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

9/10
Angier Elementary SchoolGrades K-50.9 mi
9/10
10/10
Newton South High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1845

Materials

  • Foundation: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Side by Side

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Finished area below ground: 684
  • Finished area above ground: 2,208

Interior Area

  • Total structure area: 2,208
  • Total interior livable area: 2,208 sqft

Property

Details

  • Parcel number: 693358
  • Zoning: MR1

Lot

  • Lot size: 0.26 Acres
  • Features: Other

Parking

  • Total spaces: 6
  • Parking features: Off Street
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,205$86,460
Home Insurance *$339$4,068
Property Taxes $1,199$14,388
Electricity $435$5,224
Total$9,178$110,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$314,674/yr
40% on housing$275,340/yr
45% on housing$244,746/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$645This listing

vs Other Active Listings

Avg $/sqft

ZIP 02464$558
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02464$434
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-06Listed for sale$1,425,000

For Sale by Agent

AgentSchyler Oliveira
BrokerageCentre Realty Group

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