Property has been approved by special permit (#210-17) for mixed-use development of 14,313 Square feet with a building height of three stories, incorporating nine residential units and 2,714 square feet of commercial space, not more than 16 on site parking stalls located below grade. Plans by Architect Ronald Jarek with MGD+ . The blend of residential and commercial spaces creates a dynamic environment, attracting a diverse range of occupants and businesses. At 14,313 square feet and three stories, the property provides ample space for both living and commercial activities, appealing to families, professionals, and businesses. Nine residential units can cater to a variety of housing needs, potentially attracting families, young professionals, or retirees. The 2,714 square feet of commercial space is ideal for retail, offices, or eateries, enhancing the area's economic activity.
386-394 Watertown St, Newton, (Nonantum), MA, 02458
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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