Exceptional and rare income property in Coolidge Corner, walking distance to Coolidge Corner and Boston University. This three-family property contains (3) three-bedroom, one-bathroom apartments, with living area of 3, 582 square-feet. 119 Browne Street is located on a one-way, tree lined street and is equidistant to Coolidge Corner, Commonwealth Avenue and historic Cottage Farm neighborhood of Brookline. This three-family property is in close proximity to the beautiful trees and landscape of historical Amory Park, and walkable to Longwood Medical Area. Fieldstone basement contains coin-op laundry and (3) three oil-burner boilers (tenants pay heat). Rare-to-find parking for 8 cars in the rear of the property, and rare-to-find front and rear restored porches. 119 Browne Street is nine-minute walk to the St. Paul T-Stop with direct connection into Boston and presents investors the opportunity to acquire an asset generating market-rate, turnkey rental income in a Tier-1 market.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,599,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@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 | $2,079,200 | $2,079,200 | $2,079,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | $1,682 | $1,682 | $1,682 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,633 | $13,659 | $18,112 |
Total Monthly Payment | $14,440 | $15,466 | $19,919 |
* 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.