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83 Tower St, Boston (Jamaica Plain), MA, 02130 | $275,000
83 Tower St. is being sold either in conjunction with, or separately from 85-87 Tower St. (3-family rental property). The owners currently collect $8, 250 / year in income as rental parking spaces. Zoned 3-F 5, 000 (+parks design review), Lot measures ~20' frontage, 88' depth. This lot was originally joined with neighboring 81 Tower St as larger (3, 500 SQFT) lot, but was sliced in half & sold separately. We are selling the half at 83 Tower St. only. Opportunity to continue collecting rent on this open lot from parking income while preparing for future development / variance on this land. All buyers, agents must perform all due diligence. Seller and broker make no representations as to future potential. Any strong offer on 83 Tower could lead to a conversation with 81 Tower seller. Buyers are not to contact 81 Tower St. owners directly. View from sidewalk please - no appointment needed.
Features
- Town: Boston
- Zoning: 3F-5000
- Frontage: 20.00
- Lot Desc: Level
- MLS#: 73513500
- Website: https://www.raveis.com
/prop/73513500/83towerst_boston_ma?source=qrflyer
Listing by Christian Iantosca Team courtesy of Arborview Realty Inc.
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1500191
617.281.4872
Kate.Rockett@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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978-337-3053
Paul.Berrios@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
83 Tower St, Boston (Jamaica Plain), MA, 02130
$275,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Kate Rockett
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 | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,355 | $1,391 | $1,827 |
| Total Monthly Payment | $1,430 | $1,466 | $1,902 |
* 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