21-23 Francis St, Newton (Newton Center), MA, 02459 | $4,499,000

NEW CONSTRUCTION! TWO NEW TOWNHOMES! EXTREMELY UNIQUE and RARE OPPORTUNITY with SEVERAL DIFFERENT USE OPTIONS! #21 Francis Street is a Completely Gutted, remodeled and totally renovated building with ADU (auxiliary dwelling unit) option. Great investment opportunity. Two Amazing Minimally Attached Townhomes. Something for Everyone on Francis Street! #23 Francis Street is totally Brand New! First Floor Handicap Friendly Living. High end construction on extremely Quiet Street! Super Energy Efficient ALL ELECTRIC townhouse. This project is Mid-Construction so for safety reasons there is no admittance to the property without being accompanied by an authorized sales representative. Absolutely Fine to Drive By. This project requires a face-to-face meeting to fully grasp the concept and potential uses. These townhomes are a compilation of all the things that the seller strived for in his development career. Showings by Appointment only!

Features

  • Town: Newton
  • Rooms: 23
  • Bedrooms: 10
  • Baths: 8 full / 2 half
  • Units: 2
  • Year Built: 2025
  • Garage: 2-car
  • Approx Sq. Feet: 6,750
  • Acreage: 0.25
  • Est. Taxes: $11,340
  • Lot Desc: Wooded, Level
  • MLS#: 73308094
  • Website: https://www.raveis.com
    /prop/73308094/2123francisst_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 Jorge Andres Zea courtesy of Jorge Andres Zea   Phone: 855-550-0528

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Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1017266

508.335.8179

Michael.Cartier@raveis.com

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21-23 Francis St, Newton (Newton Center), MA, 02459

$4,499,000

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 $3,599,200 $3,599,200 $3,599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $945 $945 $945
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,436 $22,454 $30,130
Total Monthly Payment $21,506 $23,524 $31,200

* 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.