Premier intersection in vibrant Newtonville is now available for the first time in decades!! Absolutely incredible visibility for your business or businesses!! This property sits in a VC 2 zone as well as a BU 2 zone and allows for a variety of uses and development opportunities. Over the past several years the area has becoming bustling with a number of new apartment buildings and retail stores. Many retail conveniences are within a few blocks including, Star Market, CVS, The Barn Shoes, US Post Office, NY Bagel Factory, Chipotle, yoga studio, cafes, casual and fine dining, barber shops, nail and hair salons and more! The site is level and sits approximately 2 blocks from the commuter rail station accessing The Fenway, Back Bay and South Station. There are 2 lots that total 6, 126 sf +/-. The breakdown is 5, 173 sf and 953 sf. Please do not walk the site without listing agent as there is still an ongoing busy service station with cars constantly being moved.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $2,560,000 | $2,560,000 | $2,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 6.032% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,737 | $15,971 | $21,430 |
Total Monthly Payment | $14,862 | $16,096 | $21,555 |
* 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.