Presented byKeri Califano |
•Location: The building enjoys high visibility from Lowell Street, US-Route 1, and US-95. This strategic location offers great exposure for businesses operating within the building. • Lot Size and Building: The nearly 12, 000 square foot, assessment value, and a certified development plot plan of 19, 890 sq ft, lot is improved with a 5, 070 square foot 3 story building. This ample space provides opportunities for various business operations and tenants. • Access and Traffic Regulation: Vehicle entrance to the property is facilitated by a traffic light, which helps regulate traffic flow from Bourbon Street and Lowell Street. This controlled access enhances convenience and safety for tenants and customers. •Current Tenants: leased to three tenants, indicating a stable income stream for the property owner . •Parking: Ample available on-site, ensuring convenience for tenants and customers. •Zoning: is BR, offering liberal flexibility for various uses •Potential For Drive Thru The location of t
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
Sales Associate
William Raveis Real Estate
Phone: 617.651.1261
Keri.Califano@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,360,000 | $1,360,000 | $1,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $1,180 | $1,180 | $1,180 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,154 | $8,821 | $11,847 |
Total Monthly Payment | $9,459 | $10,126 | $13,152 |
* 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.