As-of-right development opportunity in East Cambridge under the City’s new zoning. Offering a streamlined path to redevelopment in one of the cities most dynamic and transit-oriented neighborhoods, this site is ideally positioned near Kendall Square, MIT, as well as major life science and technology employers.Future owners enjoy close proximity to neighborhood cafés, restaurants, retail, parks, and everyday amenities that define East Cambridge’s vibrant urban lifestyle. Excellent public transportation access , nearby MBTA bus routes and short distance to the Red and Green Line, along with convenient bike and highway connections.Surrounded by strong residential demand and ongoing investment, this site offers outstanding potential for residential redevelopment in a desirable, high-growth market. An opportunity to build with true zoning clarity! Seller to deliver Stamped Plans, Buyer is responsible for Permitting and the Costs associated. Accompanied showings only.
Lot Description:
Easements, Irregular Lot, Other
Amenities:
Public Transportation, Shopping, Park, Public School, T-Station
47-53R 8th St, Cambridge, (East Cambridge), MA, 02141
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
