|
1847 Massachusetts Ave in Cambridge’s Porter Square offers ±3, 000 SF of high-visibility, column-free retail/flex space with 40FT of all-glass frontage and 9-foot ceilings in a BA-2 zone that welcomes retail, food & beverage, medical, gallery, or creative office concepts. Formerly a satellite Bank of America, the premises feature five private offices, secure vault, 400-AMP three-phase power. Positioned 350 FT from the Porter Square Red Line/Commuter Rail hub, the site enjoys ±25, 800 daily vehicle impressions on Mass Ave, walk-score 97, bike-score 99, and foot traffic exceeding 15, 000 weekday transit users, while a one-mile radius boasts 46K residents with $126K median household income and 80% bachelor’s-plus attainment. Surrounded by Target, CVS, Star Market, and a growing roster of eateries, 1847 Mass Ave is a rare blank canvas ready to anchor a flagship café, boutique fitness studio, showroom, or tech-enabled clinic in one of Greater Boston’s most dynamic, transit-rich corridors.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$10,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, 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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $8,400 | $8,400 | $8,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.149% | 6.178% | 5.541% |
| Monthly Tax Payment | $4,250 | $4,250 | $4,250 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $47 | $50 | $68 |
| Total Monthly Payment | $4,372 | $4,375 | $4,393 |
* 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.