Short walk to Waverly Square which has a train to Boston and a bus line to Harvard Square. Close to Star Market, Dunkin Donuts, and the Tatte Bakery. Land is zoned for the new "MBTA Zoning". It is zoned 5-A which has a maximum foundation size of 5K s.f. with 20' between buildings when there are multiple buildings on one lot. Highest and best use probably five buildings with 16 units each totaling 80 units. 15% must be affordable. Land will be sold "subject to" Buyer getting permits. Review the new Belmont Zoning for more details.
50 Moraine, Belmont, (Waverley), MA, 02478
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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