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29 Cottage St, Natick, MA, 01760 | $925,000
Location, location, location! This two family home offers tremendous opportunity for an investor or someone who wants to live in one unit and have some help with the mortgage! This home features two units on a level lot with off street and garage parking, and a level back yard. The first floor unit features hardwoods throughout (under carpet), two bedrooms, a kitchen, dining room with built ins, and large living room. The second floor offers three bedrooms, a large living room, dining room and kitchen with stainless appliances, gas range, and in unit laundry as well as a slider to a private deck. Both units have separate gas utilities with one newer furnace with central air. Fantastic neighborhood location yet conveniently located Just 0. 5 miles to downtown shops and restaurants, and close proximity to parks and walking trails, 0. 7 miles to the commuter rail, and 2 miles to Rt. 9. Property will be delivered vacant with projected rents of $2, 700 and $3, 200 per unit.
Features
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station, Sidewalks
- Rooms: 11
- Bedrooms: 5
- Baths: 2 full
- Units: 2
- Year Built: 1920
- Garage: 2-car
- Basement: Full, Interior Entry, Concrete
- Approx Sq. Feet: 2,464
- Acreage: 0.15
- Est. Taxes: $7,978
- Lot Desc: Level
- Middle School: Kennedy Middle
- High School: Natick High
- MLS#: 73318874
- Days on Market: 2 days
- Website: https://www.raveis.com
/prop/73318874/29cottagest_natick_ma?source=qrflyer
Listing by Adam Boyce courtesy of Mathieu Newton Sotheby's International Realty
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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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
29 Cottage St, Natick, MA, 01760
$925,000
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 | $740,000 | $740,000 | $740,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
| Monthly Tax Payment | $665 | $665 | $665 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,144 | $4,496 | $6,096 |
| Total Monthly Payment | $4,901 | $5,253 | $6,853 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630