851 Massachusetts Ave, Lexington, MA, 02420 | $949,900

Attention buyers and investors! A wonderful opportunity to own a rare find two-family Colonial in the heart of Lexington's historical district which is nearby Historical Battle Green with public transportation across the street and a stone's throw away from local top-rated schools. This home has been re-sided, and a new rubber roof has been installed. The first floor has been updated and features one bedroom, kitchen and living room. The second-third floors have been taken down to the studs and offers a floor plan with three bedrooms, kitchen, living room, 2. 5 baths and office. Boths units have their own utilities. Enjoy an afternoon on the back deck overlooking the mature landscaped yard. Explore the vibrant offerings of Lexington Center at your fingertips, from fantastic shops to delectable dining options, and historic sites all of this and only 5 miles from downtown Boston! This is a special property and one you will enjoy coming home to.

Features

  • Amenities: Public Transportation, Shopping, Public School
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Units: 2
  • Year Built: 1840
  • Basement: Full, Bulkhead, Unfinished
  • Approx Sq. Feet: 2,122
  • Acreage: 0.17
  • Est. Taxes: $11,625
  • Lot Desc: Gentle Sloping
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • MLS#: 73305649
  • Website: https://www.raveis.com
    /prop/73305649/851massachusettsave_lexington_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Jim Holbrook courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate   Phone: 508-834-1500

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Kate RockettVP, 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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

Jennifer.Hart@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

851 Massachusetts Ave, Lexington, MA, 02420

$949,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

VP, 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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $759,920 $759,920 $759,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $969 $969 $969
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,255 $4,679 $6,310
Total Monthly Payment $5,316 $5,740 $7,371

* 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.