8-10 Newcastle Rd is a rare and exceptional investment opportunity in the vibrant neighborhood of Oak Square in Brighton, MA. Featuring two units comprised of Unit 8 being a 3 bed, 1 bath Philly duplex style property rented for $3, 400 till August of 2025 and Unit 10 being a 4/5 bedroom home spread out over 3 levels with 2 full baths, rented for $4, 600 till August 2025. Brand new heating systems and hot water tanks for both units. The interior features well-appointed living areas with an abundance of natural light, hardwood floors, recessed lighting, in unit washer/dryers, beautiful yard, back decks for each unit, updated kitchens, and a detached 2 car garage. This home provides easy access to a variety of amenities, including dining, shopping, and minutes to Boston Landing and the New Allston Yards Development. Tenant occupied, 48 Hour notice required.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $1,103 | $1,103 | $1,103 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,980 | $7,560 | $10,093 |
Total Monthly Payment | $8,208 | $8,788 | $11,321 |
* 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.