485 Pine Rd, Otis, MA, Massachusetts, property flyer

485 Pine Rd, Otis, MA, 01253 | $899,000

The next best thing to having waterfront on Otis Reservoir! Close enough to the Reservoir to get some water views, large enough to accommodate your family and friends, and includes your own private dock. Move in ready home with an in-law! In-law space includes its own separate heat and laundry, kitchen, bathroom, living room and one bedroom, and could be used as an Airbnb or other longer term rental. Home also includes an oversized, detached 2 car garage with plenty of room for both summer and winter toys and possible living space above. If you want waterfront but the price is out of reach, this is as good as it gets to having just that!

Features

Rooms: 5
Bedrooms: 4
Baths: 2 full
Style: Ranch
Year Built: 1991

Garage: 2-car Detached
Basement: Full, Walk-Out Access
Approx Sq. Feet: 1,843
Acreage: 0.38
Est. Taxes: $3,509

Lot Desc: Gentle Sloping
MLS#: 73267257
Website: https://www.raveis.com
/prop/73267257/485pinerd_otis_ma?source=qrflyer

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Elizabeth Errichetto courtesy of Coldwell Banker Realty - Boston Phone: 617-266-4430

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Market your home to realize a quick sale at the best possible price
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

485 Pine Rd, Otis, MA, 01253

$899,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$719,200	$719,200	$719,200
Term	360 months	360 months	180 months
Initial Interest Rate**	5.625%	6.500%	6.000%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.955%	6.612%	6.182%
Monthly Tax Payment	$292	$292	$292
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$4,140	$4,546	$6,069
Total Monthly Payment	$4,524	$4,930	$6,453

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.