RARE MEDICAL BUILDING FOR SALE - Former nursing home facility is 56, 108 SF on a spacious 3. 4 AC lot. Previously licensed for 123 beds, this site is a prime opportunity for an inpatient facility, behavioral health, nursing home, non-profit housing, or other medical use. Potential for residential or senior housing developeThere's room for over 100 dedicated parking spots on site as well as one loading dock for deliveries. Conveniently located . 6 miles from I-95 South, with over 300k vehicles per day, this property is well-suited for an operator looking to expand their business within Route 128 in the Greater Boston Area. Brochure is available upon request. Ownership would also consider leasing the entire site for $38 psf NNN. Please reach out to the listing agent with any questions or to schedule a showing.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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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 | $14,400,000 | $14,400,000 | $14,400,000 |
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 | $10,254 | $10,254 | $10,254 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $84,034 | $91,018 | $121,515 |
Total Monthly Payment | $94,413 | $101,397 | $131,894 |
* 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.