Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

14-14 Sixteen Elliot Ter, Newton Upper Falls, MA, 02464

4beds
2baths
1,830sqft
$829,000
$453price/sqft
$5,445/moest. monthly cost
$217,800/yrincome needed

About This Home

Attention builders, contractors, and investors! Exceptional opportunity to own a property on a generously sized lot in a highly desirable Newton location. Conveniently located near shopping, restaurants, Route 9, the Green Line Elliot T Station, and more. The property is not located within a historic district, offering greater flexibility for future improvements (subject to applicable approvals). The property is being sold as is. Approximately 1,500 square feet may represent below-grade basement area; buyers should verify all measurements and living area. Buyers and buyers' agents are responsible for conducting their own due diligence, research, and verification regarding zoning, permitting, development potential, lot suitability, and all other matters. Neither the Seller nor the Listing Broker makes any representations or warranties regarding the property's condition or its suitability for any particular use or purpose other than what is listed. With some TLC, this property offers an excellent opportunity to continue as a two-family investment. The first-floor unit features one bedroom plus an additional room ideal for an office, den, or guest room, while the second unit offers two bedrooms plus 3rd-floor finished attic space. The first-floor unit is vacant and second-floor unit is leased through September 15, 2026. *Seller reserves the right to accept an offer at any time.

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

9/10
10/10
10/10
Newton South High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Dishwasher,Microwave,Refrigerator,Freezer

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bathroom with Shower Stall,Living Room,Kitchen,Office/Den
  • Flooring: Wood
  • Finished area above ground: 1,830

Interior Area

  • Total structure area: 1,830
  • Total interior livable area: 1,830 sqft

Property

Details

  • Parcel number: 693888
  • Zoning: MR1

Features

  • Fencing: Fenced/Enclosed,Fenced

Lot

  • Lot size: 5,471 sqft
  • Features: Wooded

Parking

  • Total spaces: 4
  • Parking features: Off Street
  • Uncovered spaces: 4

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 $4,191$50,292
Home Insurance *$197$2,364
Property Taxes $697$8,364
Electricity $360$4,330
Total$5,445$65,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$186,685/yr
40% on housing$163,350/yr
45% on housing$145,200/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

$453This listing

vs Other Active Listings

Avg $/sqft

ZIP 02464$577
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
2026-08-05Pending sale$829,000
2026-07-30Listed for sale$829,000

For Sale by Agent

AgentMelissa Borelli
BrokerageMelissa Borelli Realty

Similar Homes