Ideally perched above Fresh Pond with serene water and golf course views, 181 Grove Street presents a compelling development opportunity in a prime Cambridge location. The property is currently in the final stages of permitting for a four-unit townhouse project, with architectural plans underway and expected approvals forthcoming.Set on an expansive 10,080± sq ft lot, the site offers exceptional proximity to Fresh Pond Reservation and Golf Course, Alewife Station (Red Line), Harvard Square, and Route 2, combining natural surroundings with outstanding urban connectivity.Once approved, the project will offer the ability to move efficiently into construction, making this an attractive opportunity for developers seeking a well-located, near-shovel-ready site in a supply-constrained market. Plans and permitting details available upon request.Offered as a development opportunity with anticipated approvals. Buyer to perform due diligence.
181 Grove Street, Cambridge, MA, 02138
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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