5 Colonial Road, Needham, MA, Massachusetts, property flyer

5 Colonial Road, Needham, MA, 02492 | $2,995,000

A custom-designed Ultra Modern Contemporary that defines the elegance and prestige of living in one of Needham’s finest neighborhoods. A nearly 20' grand foyer bathed in natural light opens to the spacious family room and gourmet Thermador/ quartz counter kitchen with island seating for 5, 2 dishwashers, refrigerator drawers and a wine cooler. This property is located just minutes from Needham Center's shops, and the Beth Israel Needham Hospital. Primary bath has a steam shower; chandelier has motorized lift. This property is totally unique in it's design with a full lower entrance for an in-law suite or a professional office space. Top of the line materials, fixtures and appliances throughout. An optional three stop elevator is already integrated into the current design with an ensuite first floor bedroom. 3 balconies/ roof decks enhance the second floor bedrooms incl a private rear facing main bedroom balcony. All bedrooms are en-suite. Needham's ultimate new construction offering!

Features

Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
Rooms: 12
Bedrooms: 6
Baths: 6 full / 3 half
Laundry: Closet/Cabinets - Custom Built, Countertops - Stone/Granite/Solid, Electric Dryer Hookup, Second Floor
Style: Contemporary

Year Built: 2024
Garage: 2-car Attached
Basement: Full, Finished, Walk-Out Access, Sump Pump
Approx Sq. Feet: 7,314
Acreage: 0.33
Est. Taxes: $0

Lot Desc: Corner Lot, Gentle Sloping, Level
Appliances: Gas Water Heater, Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Other
MLS#: 73305233
Website: https://www.raveis.com
/eprop/73305233/5colonialroad_needham_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 Castles Unlimited Team courtesy of eXp Realty Phone: 888-854-7493

Room Information

Type	Description	Dimensions	Level
Bedroom 2	Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Balcony / Deck, Recessed Lighting	13.5 x 14.0	Second
Bedroom 3	Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting	13.5 x 14.0	Second
Bedroom 4	Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Balcony / Deck, Recessed Lighting	13.0 x 16.0	Second
Dining Room	Flooring - Hardwood, Recessed Lighting	14.5 x 24.0	Main,First
Kitchen	Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting	14.5 x 19.5	Main,First
Living Room	Bathroom - Half, Closet, Wet Bar, Exterior Access, Recessed Lighting	19.5 x 49.0	Basement
Master Bedroom	Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Balcony / Deck, Dressing Room, Lighting - Overhead	19.5 x 20.0	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

Our family of companies offer our clients a new level of full-service real estate. We shall:

Market your home to realize a quick sale at the best possible price
Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
Showcase your home on raveis.com with a larger and more prominent format
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.

Bob FlynnVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 6314

508.944.8218

Bob.Flynn@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

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@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

5 Colonial Road, Needham, MA, 02492

$2,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Bob Flynn

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.944.8218

Bob.Flynn@raveis.com

NMLS Mortgage Loan Originator ID 6314

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$2,396,000	$2,396,000	$2,396,000
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	$0	$0	$0
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$13,982	$15,144	$20,219
Total Monthly Payment	$14,107	$15,269	$20,344

* 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.