How accurate is an online estimate?

Zillow reports a median error of 7.5% on off market homes, which is about $67,500 on a $900,000 property. Half of all homes are off by more than that. Automated models lean on public record square footage and nearby sales, so they misprice renovated homes, finished basements the assessor never recorded, and anything with an unusual layout.

What does a broker valuation include?

A written opinion of value from a licensed broker who has sold in your town. It uses MLS PIN closed sales rather than public estimates, adjusts for condition, renovations, parking, and outdoor space, and shows you the current competing inventory. You get a recommended list price and the reasoning behind it, including what is and is not worth doing before you list.

What if I own a two family or a condo?

Automated models are least reliable on exactly these properties, and Greater Boston is full of them. A two or three family has a value as a home and a separate value as an investment, and those two numbers are often meaningfully different. We price both, which matters if you are deciding whether to sell or keep renting it.

When should I list my rental in Greater Boston?

Sixty to ninety days before the lease starts. This market runs on the September 1 cycle, so spring and early summer are when most September tenants commit. Off cycle units still rent, but pricing and days on market are much more forgiving when your timing lines up with the cycle.

How do you decide the asking rent?

We pull closed rentals from MLS PIN for comparable units in your town, then adjust for condition, parking, outdoor space, laundry, and utilities. Overpricing costs more than it looks like it saves, because one vacant month on a $3,000 unit wipes out the extra $100 per month you were holding out for.

Who pays the broker fee under the new Massachusetts law?

Since the Massachusetts broker fee law took effect in August 2025, the party who hires the broker pays the fee, so when a landlord engages us the fee is no longer passed to the tenant. We build that into the rent strategy up front and show you your net number before anything goes live.

Do you handle everything after the tenant moves in?

We can. Our property management service covers rent collection, maintenance coordination, and renewals for condos, single families, and small multifamily buildings. Plenty of owners use us for lease up only, and that works too.

What types of investment property do you focus on?

Two to four unit buildings, triple deckers, and house hack candidates in Newton, Watertown, Waltham, Medford, and Malden. We underwrite the rents unit by unit against MLS PIN rental comps rather than trusting the listing sheet, and we price every building both as a home and as an investment.

What is house hacking and does it work in Greater Boston?

You buy a two to four family, live in one unit, and rent the others. That lets you use owner occupant financing with a smaller down payment while rental income covers a large share of the mortgage. In this market it is usually the most realistic path for a first time buyer to own a multifamily.

How does the MBTA Communities Act change the math on multifamily?

Section 3A requires MBTA communities to zone districts where multifamily is allowed by right, so parcels inside those overlays can carry development or expansion value that the current building does not show. We check the overlay maps as part of pricing any property we buy or sell in these towns.

I already own rental property. How can you help?

Three ways. A free valuation that prices the building both as a home and as an investment, landlord representation when a unit turns over, and property management if you want out of the day to day. If you are weighing a sale against a 1031 exchange, we run the numbers around your tax advisor's timeline.

24 Wilson Cir # 24

Nestled in a sought after Newton Highlands neighborhood, Indigo Estates offers a luxurious, newly constructed living experience. Close to restaurants, shopping & public transportation, this 5-unit development provides the perfect blend of convenience & tranquility. With an abundance of natural light greeting each unit, the open-concept main level features a custom designed kitchen with imported Pedini Italian finishes, a spacious family room & powder room. Each unit has a private fenced-in patio area perfect for hours entertaining family & friends. The 2nd floor primary ensuite features a beautifully designed bathroom with custom finishes, a large walk-in closet & a private balcony. Three additional family bedrooms, one with balcony access, a lovely guest bathroom & laundry area complete this level. Indigo Estates combines modern design with energy efficiency, creating a sustainable & comfortable living environment. A must see!

3
beds

3
baths

2,100 Sq.Ft. LIVING AREA

Ethan Piani-Hohmann

title Founder & Broker
PHONE (781) 879-0863
EMAIL [email protected]
DRE # 9629935

Features & Amenities

Interior

total bedrooms3
Total bathrooms3
full bathrooms2
half bathroom1
Laundry room Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Flooring Vinyl, Hardwood, Renewable/Sustainable Flooring Materials
APPLIANCES Range, Dishwasher, Microwave, Refrigerator, Freezer, ENERGY STAR Qualified Refrigerator, Range Hood, Rangetop - ENERGY STAR, Oven
other interior Features Recessed Lighting, Slider, Office

Area & Lot

Status Sold
Date Sold September 10, 2026
Living Area2,100 Sq.Ft.
Total Area2,100 Sq.Ft.
MLS® ID73488911
TypeCondo
YEAR BUILT2026
NeighborhoodNewton
Elementary SchoolZervas
Middle SchoolOak Hill
High SchoolNewton South

Exterior

STORIES2
Garage Space1.0
water SourcePublic
utilitiesfor Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
roofRubber
parkingAttached, Garage Door Opener, Off Street, Assigned
HEAT TYPEForced Air
AIR CONDITIONINGCentral Air
sewerPublic Sewer
other exterior FeaturesBalcony / Deck, Patio, Balcony, Decorative Lighting, Fenced Yard, Garden, Professional Landscaping

Financial

Sales Price$1,595,000
Real Estate Tax $99,999/yr
HOA $380/mo
Zoning MR1

Newton

Newton is Greater Boston's benchmark family suburb: 88,504 people, 13 distinct villages, each with its own commercial center and price point. Median sale prices run $1.5M to $1.85M depending on the village. PH Realty Group works with buyers, sellers, landlords, and investors across all 13.

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