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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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727 Washington St , Newton, MA 02458
$1,850,000
Est. Payment: $4,111.11/mo
0 Bed
0 Bath
0 Sqft
Status: Under Agreement | Days on site: 128
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NB9391 - BB301761
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House Description

Wonderful opportunity in the VC2/BU2 Zoning district of Newtonville. With the change in zoning, VC2 projects are "By Right". This allows a developer or builder to bypass the special permitting process. There are many ways to build out this parcel. You have a choice of condominium style units which could allow up to 18 units @ 950 sf each. Alternatively, you could build 6 larger units, providing 1 car parking per unit. Your third option is something in-between. The seller's have a stamped plot plan, sign offs from the City of Newton Historical Commission and a sketch for how 6 units would layout on the lot. The property sits directly across from public transportion in Newtonville. Future buyers have the option of taking the commuter rail to the Fenway, Back Bay, or South Station. In addition, the express bus to Downtown Boston is also across the street. The area also offers easy access to Whole Foods, Stark Market, day spas, banks, fine & casual dining and a number of retail amenities.

Highlights

Listed by Cynthia Lanciloti , 617-501-6158 Kraft Fine Homes , 617-527-7002.

Property Type

Vacant Land

Lot/Acreage
0.16

County

Middlesex

Area

Newtonville

Listing ID

73513635

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Level,Curbs & Gutters,Sidewalks
Zoning:BU2-VC2
Sewer:Public Sewer
Principal Interest
$4,111
Taxes
$1,282

Home Price

$1,850,000

Loan Details

30 yrs
%

Down Payment

20%
$370,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,111.11 $1,281.83 $0.00 $5,392.94
Yearly $49,333.33 $15,382.00 $0.00 $64,715.33
Total $1,480,000.00 $461,460.00 $0.00 $1,941,460.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Newton, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.