4 Nook Rd, Plymouth (Downtown), MA, Massachusetts, property flyer

4 Nook Rd, Plymouth (Downtown), MA, 02360 | $1,566,000

Located at 4 Nook Rd, Plymouth, this sober house presents an opportunity to own a secure investment in a desirable location. Encompassing 3, 631 square feet of living area, the residence, built in 1975, renovated in 2023-24, sits on a 27, 841 sq. ft. lot. The sober house is MASH Certified for 24 beds, is leased on a pure triple net basis for 20 years, which commenced as of April 2023, with 2. 5% annual increases, at a current rent of $140. 991, which provides the investor a 9. 00% yield. Perfect for a 1031 buyer. This property may also be purchased with 230 Summer St, which provides a buyer with an identical yield profile.

Features

Town: Plymouth
Utilities: Public Water, Public Sewer
Zoning: R2-S

Year Built: 1975
Approx Sq. Feet: 3,631
Acreage: 0.64

Est. Taxes: $9,209
MLS#: 73467642
Website: https://www.raveis.com
/prop/73467642/4nookrd_plymouth_ma?source=qrflyer

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by J. Murray Regan courtesy of JMR Commercial RE Services

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Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1017266

508.335.8179

Michael.Cartier@raveis.com

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4 Nook Rd, Plymouth (Downtown), MA, 02360

$1,566,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Michael Cartier

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.335.8179

Michael.Cartier@raveis.com

NMLS Mortgage Loan Originator ID 1017266

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$1,252,800	$1,252,800	$1,252,800
Term	360 months	360 months	180 months
Initial Interest Rate**	4.875%	5.750%	5.500%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	5.925%	5.858%	5.681%
Monthly Tax Payment	$767	$767	$767
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$6,630	$7,311	$10,236
Total Monthly Payment	$7,522	$8,203	$11,128

* 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.