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59 River St, Newton, MA, 02465

4beds
2baths
2,637sqft
$1,299,000
$493price/sqft
$8,322/moest. monthly cost
$332,880/yrincome needed

About This Home

Price reduced!!! Motivated seller. Stately 2 family with accessory allowed. Grandfathered in for the original owner. Conveniently located less than half a mile from West Newton Center, the Commuter Rail to Boston, and easy access to I-90. The first-floor unit features a living room, dining room, two bedrooms, an eat-in kitchen, and one bathroom, with high ceilings and hardwood floors throughout. The second-floor unit offers two bedrooms, a living room, an eat-in kitchen, one bathroom, and an oversized hallway leading to an unfinished attic with four separate rooms. All levels feature high ceilings and oversized windows, creating a bright and spacious feel. The potential to expand into the third floor adds significant value and opportunity. Gas heating and hot water systems have been updated. Outside, the property includes a detached two-car garage. Easy to show. Make an offer that can't be refused.

Getting Around

81
WalkingVery Walkable
34
TransitSome Transit
59
BikeBikeable

Schools

9/10
9/10
F A Day Middle SchoolGrades 6-80.9 mi
10/10
Newton North High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1880

Materials

  • Foundation: Concrete Perimeter

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

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

Features

  • Flooring: Wood
  • Finished area above ground: 2,637

Interior Area

  • Total structure area: 2,637
  • Total interior livable area: 2,637 sqft

Property

Details

  • Parcel number: M:0033 B:0033 L:0026,689109
  • Zoning: SR3

Features

  • Patio & porch: Enclosed

Lot

  • Lot size: 8,470 sqft

Parking

  • Total spaces: 4
  • Parking features: Paved Drive,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

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

  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $6,568$78,816
Home Insurance *$185$2,220
Property Taxes $1,050$12,600
Electricity $519$6,239
Total$8,322$99,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$285,325/yr
40% on housing$249,660/yr
45% on housing$221,920/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

$493This listing

vs Other Active Listings

Avg $/sqft

ZIP 02465$607
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02465$649
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)

Price History

DateEventPrice
2026-08-07Listed for sale$1,249,900
2026-08-04Contingent$1,299,000
2026-07-26Price change$1,299,000
2026-06-23Listed for sale$1,369,000

For Sale by Agent

AgentKathleen Marotta
BrokerageCentre Realty Group

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