ATTENTION DEVELOPERS this property offers a Condominium development opportunity with a potential sell out of over $10 MILLION DOLLARS with a projected profit for developers of $2.56 million (see attached Proforma & Feasibility Report). Sun filled Victorian Mansard Mansion with lots of historical charm, there is a large attached 2-story carriage house with granite kitchen,3 bedrooms & 2 full baths, Gleaming Hardwood Floors thru-out. Situated on over one acre of level additionally developable land, the property offers a total of 11 bedrooms, 3.5 marble baths & 2 granite kitchens. This stately home is perfect for condominiums, a multifamily residence, or villa-style primary home. It would also make an excellent location for a Bed & Breakfast, Hotel, Restaurant and/or Professional Offices. The proximity to Whitman MBTA commuter rail station further enhances its appeal, making it convenient for commuters, guests & patrons providing easy access to Boston &other nearby areas. * A MUST SEE!!!!
532 Washington Street, Whitman, MA, 02382
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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