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400 Homer St, Newton, MA, 02459 | $950,000
Stand alone, direct entry property with parking. Great Newton Centre location (across from City Hall and down the block from the Main Library) zoned for residential use with a special permit for commercial use. Zoned SR2, the new owner has the right to build/expand to a 1, 787 SF single family home on this parcel of land (Lot size: 3, 885 SF). Currently being used for commercial purposes (beauty spa - personal services), which the City of Newton has approved through its special permit. Tons of possibilities with this Newton Centre property. Commercially, the building is licensed for "any and all personal services" (with 1 1/2 bathrooms and dual hair washing stations) but can also be used as office space for a psychologist, attorney, architect or other small business. Space is in immaculate move in condition including a new HVAC system (2025), new water heater and roof (2022). On premise parking for five vehicles plus tons of free on street parking available.
Features
- Utilities: Public Water, Public Sewer, Natural Gas Available
- Zoning: SR2
- Year Built: 1920
- Approx Sq. Feet: 1,200
- Acreage: 0.09
- Est. Taxes: $7,983
- MLS#: 73484150
- Days on Market: 15 days
- Website: https://www.raveis.com
/prop/73484150/400homerst_newton_ma?source=qrflyer
Listing by Thomas Slayton courtesy of CRG Commercial Phone: 617-393-4200
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Andrew van DykVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 23716
781.490.5670
Andrew.vanDyk@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Jennifer HartRegional Sales Manager, William Raveis Insurance
978.457.6220
Jennifer.Hart@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
400 Homer St, Newton, MA, 02459
$950,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Andrew van Dyk
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 781.490.5670
Andrew.vanDyk@raveis.com
NMLS Mortgage Loan Originator ID 23716
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.361% | 6.203% |
| Monthly Tax Payment | $665 | $665 | $665 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,375 | $4,679 | $6,413 |
| Total Monthly Payment | $5,132 | $5,436 | $7,170 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630