Presenting 124 Jackson Street, a 12,000 square foot development site located in the Alewife neighborhood of Cambridge, Massachusetts. Existing zoning allows for a building height of up to 6 stories (74’) or potentially 56,700 GSF+/-. Located in one of Greater Boston’s most dynamic and rapidly evolving submarkets, the property benefits from proximity to Alewife Station (MBTA Red Line), major thoroughfares (Route 2, I-95/128), and an array of commercial, academic, and life sciences hubs. 124 Jackson Street presents the opportunity for multifamily development in a highly sought-after Cambridge neighborhood.
Lot Description:
Level, Cleared, Other
Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Other
124 Jackson Street, Cambridge, MA, 02140
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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