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59 Putnam Street, Somerville (Union Square), MA, 02143 | $1,285,000
Occupied for generations by 1 family, this Union Sq. home is on market for the 1st time since 1950. On a large lot w/driveway and yard, the house is currently configured as a SF w/ au pair apt on the rear half of the 2nd floor. The main house has LR w/fp, family room, DR, spacious kitchen, full bath, and laundry room on the 1st fl and 2 bedrooms upstairs. First fl kitchen door leads to a roomy deck, an enclosed stair to the au pair suite, the driveway, and the spacious yard w/shed. The apt on the 2nd fl has a bedroom, hall, kitchen, full bath, and fire escape. It can be integrated into the 2nd fl by reopening a hallway door. Possible renovations include a SF w/backyard ADU or a 2-3 family dwelling; buyers must do their own due diligence regarding zoning/development potential. Prime location btwn Union and Gilman Sq. GLX stations w/walkability to shops and eateries, commuter/bike path to Boston, parks, and more. Easy access to MIT, Harvard, Tufts, Kendall Sq. , Boston, hwys, airport.
Features
- Town: Somerville
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station, University
- Rooms: 8
- Bedrooms: 4
- Baths: 2 full
- Laundry: First Floor
- Style: Other (See Remarks)
- Year Built: 1867
- Basement: Partial, Interior Entry, Dirt Floor
- Approx Sq. Feet: 2,230
- Acreage: 0.13
- Est. Taxes: $6,881
- Lot Desc: Other
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- MLS#: 73551329
- Website: https://www.raveis.com
/eprop/73551329/59putnamstreet_somerville_ma?source=qrflyer
Listing by Thalia C. Tringo courtesy of Thalia Tringo & Associates Real Estate, Inc.
Room Information
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | 13.0 x 13.0 | Second | |
| Bedroom 3 | 15.0 x 9.0 | Second | |
| Dining Room | 13.0 x 11.0 | First | |
| Family Room | 15.0 x 13.0 | First | |
| Kitchen | 18.0 x 13.0 | First | |
| Laundry | First Floor | ||
| Living Room | 13.0 x 17.0 | First | |
| Master Bedroom | 15.0 x 20.0 | Second |
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
- 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
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
59 Putnam Street, Somerville (Union Square), MA, 02143
$1,285,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,028,000 | $1,028,000 | $1,028,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $573 | $573 | $573 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,677 | $6,163 | $8,537 |
| Total Monthly Payment | $6,375 | $6,861 | $9,235 |
* 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