198 Otis St, Newton (West Newton), MA, Massachusetts, property flyer

198 Otis St, Newton (West Newton), MA, 02465 | $5,299,000

Nestled on one of West Newton Hill's most beautiful streets, this modern and sophisticated contemporary colonial offers 8, 000+sq ft of luxurious living. The ideal first-floor layout includes direct access to a large mudroom from a circular driveway and 3-car garage, with stairs to a private guest suite, studio, or office. Anchored by a stunning metal and wood suspended staircase, the open-concept chef's kitchen and family room leads to a large deck overlooking the yard. Living and dining room, along with an additional bedroom suite, complete this floor. The finished, walk-out lower level provides versatile spaces for a gym, play area, entertainment lounge, wine room, and au-pair suite. Set on . 56 acres with potential for a pool or sports court, walls of glass flood the home with natural light, seamlessly integrating indoor and outdoor spaces. With 8 en-suite bedrooms, the possibilities are numerous. Located near shops, major routes, public transportation and the new Cabot School.

Features

Town: Newton
Amenities: Public Transportation, Shopping, Public School
Rooms: 15
Bedrooms: 8
Baths: 8 full / 1 half

Laundry: Closet/Cabinets - Custom Built, Electric Dryer Hookup, Washer Hookup, Second Floor
Style: Tudor
Year Built: 2023
Garage: 3-car Attached
Approx Sq. Feet: 8,060

Acreage: 0.56
Lot Desc: Corner Lot
Appliances: Gas Water Heater, Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Wine Refrigerator, Range Hood
MLS#: 73292963
Website: https://www.raveis.com
/eprop/73292963/198otisst_newton_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 The Drucker Group courtesy of Compass Phone: 617-752-6845

Room Information

Type	Description	Level
Bedroom 2	Bathroom - Full, Flooring - Hardwood	Second
Bedroom 3	Bathroom - Full, Flooring - Hardwood	Second
Bedroom 4	Bathroom - Full, Flooring - Hardwood	Second
Dining Room	Flooring - Hardwood	First
Kitchen	Flooring - Hardwood, Window(s) - Picture, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Stainless Steel Appliances	First
Living Room	Flooring - Hardwood	First
Master Bedroom	Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Balcony - Exterior	Second

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

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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Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1017266

508.335.8179

Michael.Cartier@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

Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

Jennifer.Hart@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

198 Otis St, Newton (West Newton), MA, 02465

$5,299,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Michael Cartier

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.335.8179

Michael.Cartier@raveis.com

NMLS Mortgage Loan Originator ID 1017266

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$4,239,200	$4,239,200	$4,239,200
Term	360 months	360 months	180 months
Initial Interest Rate**	5.500%	6.250%	5.875%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.748%	6.396%	6.036%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$24,070	$26,101	$35,487
Total Monthly Payment	$24,195	$26,226	$35,612

* 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.