Presenting Pocketknife Square -- one of Lakeville's most historically significant and recognizable buildings. Originally home to the Holley Manufacturing Company which built small household goods and pocketknives, for which it is most known. The handsome brick building sits at the entrance to Lakeville's Town Grove, a wonderful park on Lake Wononscopomuc, among a number of restaurants and shops. The main building, originally built in 1866, is currently a mix of uses of including office, residential, and restaurant. The first floor was most recently home to an architecture firm and features a large open work area, white washed beams, and windows from all sides. The second floor is currently leased as office and is divided into smaller private work spaces. On the third floor is a three-bedroom, one bath apartment featuring exposed beams and great views of the village of Lakeville. In 1867, a second smaller building was added to the property. Most recently leased as office space, the first floor incorporates approximately 1, 000 sq feet of work space on the first floor, a small kitchenette, plus a half bath with another 800 +/- square of loft space above. Linking the two buildings is a finished lower level which was most recently used as a locally renowned restaurant. 1, 800+/- square feet of dining area and a l kitchen and prep area. This listing is listed as a Single Family 170437353 and a Commercial Listing 170437351. AS IS, NON CONTINGENT OFFERS
Type | Description | Level |
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Great Room | Hardwood Floor | Main |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $545 | $545 | $545 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,122 | $4,526 | $6,042 |
Total Monthly Payment | $4,759 | $5,163 | $6,679 |
* 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.