July
2010
Great residential development opportunity in Boylston MA. It is now Longley Hill Subdivision with 71.75 acres of land. 11 lot residential subdivision with 9 vacant lots & 2 lots with partially complete single family homes and three 1 acre parcels and a 32 acre parcel. Lots of space available!
AUCTION DATE: August 24th at 11:00 – ON SITE
EMail Epapa27@yahoo.com for more information or instructions.
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July
2010
Developed in 2006 by The Fallon Company, The Park Lane luxury apartment complex is now on the block! One Park Lane is home to 465 beautiful apartments, with a common roof deck that is a brilliant feature during the warm weather. Both MassMutual’s Cornerstone Real Estate & Fallon Co. have decided to sell it in a bid to tap an investment sales market. Insiders are reporting that this sale could lead to a feeding frenzy on institutional investors. The property was assessed at $91M, but has a $110M mortgage that matures in 2011. Theres no doubt in my mind that this will sell for a huge number. We will keep you updated….
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July
2010
We’ve all had them, the clients that nothing is ever good enough for. You show them a vacant unit with incredible potential, but they just can’t seem to see it! This generation is getting way to picky about where they are going to live, everybody wants to live in the $1800 2 bedroom in The Mandarin (DOES NOT EXIST). Anyway, heres a tip for landlords struggling to rent their vacant condo. Furnish it with some contemporary and attractive furniture, it’ll turn the lonely, dark and empty room into an amazing pad that is ready to move in to. It is a GREAT way to attract potential renters. Whether you wish to leave it furnished and up the rent or if you are planning on removing the furniture after, its a guarantee that this will hurry the process of getting your place rented! For more tips or help on renting your condo please contact Epapa27@yahoo.com
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July
2010
After the lowest mortgage rates in decades were recorded, applications ended up falling 4.4% last week reports The Mortgage Bankers Association. Also refinancing home loans dropped 5.9%. Mortgage rates hit a low last week, but the average for a 30-year fixed loan went up to 4.69% from 4.59% from last week and the 15-year fixed loan adjusted up from 4.05% to 4.12% after last week as well. The low rates began in mid-april after European debt terrors have given initiative to buy US Treasury bonds, which has lowered the yield on Treasury’s. We’ll continue to update you all on future rates!
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July
2010
360 Newbury Street – U:608
Boston, MA : Back Bay 02116
$4,300/month
360 Newbury Street is one of the most desired buildings in the Back Bay. Not just because of its flawless location, its also because of its incredible luxury feel. This unit is a contemporary 2BD/2BA, 1126 sq. ft. spacious home with oversized windows that allow natural light to pour into the unit. Breathtaking panoramic city views are what differentiates this unit from others. Great updated kitchen with marble baths and hardwood floors throughout. To view this property please contact Epapa27@yahoo.com
July
2010
Boston’s downtown condo sales continues its sucess! It is up 30% in the second quarter of this year. Last year between April and June there were only 653 condos sold, this year between those same times it has jetted up to 849! There was a 9% increase is condo sales in luxury buildings, which help set the median of condo sales to $665,000, which is also a jump. 45 Province Street has seen 6 P&S’s signed in the last two months, which is a great sign becasue of how poorly they have been doing since the opening. Its good to see a rise in condo sales, it definitely remains a buyers market and hopefully more buildings that were struggling will start to see an increase. For more information or to buy a condo please contact Epapa27@yahoo.com
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July
2010
Beacon Hill $2,175,000
45 Province Street U:2601
45 Province Street is located in the heart of Beacon Hill & Midtown area of Boston. Just one block from the Boston Common stands this triumphant building with endless amenities and features. It is one of the newest, most luxurious buildings. It has struggled terribly with sales since it went up last year, but there is a light at the end of the tunel! This particular unit is over 2000 sq. ft. and is decked out in some of the most state of the art, top of the line finishes, great 2 bed 2 bath layout. Boasts gorgeous views of the Boston Common, thanks to its over sized windows. This is true luxury living! It was listed at $2,300,000 and was sold on $2,175,000 on July 26th!
South End $1,449,000
33 Union Park – U:1
One of a kind brownstone triplex located on one of the most desirable streets in the South End! Obtains an exquisite Victorian feel, but is perfect for entertaining with over 2650 sq ft of space! Recent renovations and charming outdoor space. It was on the market for 391 days listed at $1,594,000 before it was sold on July 27th for $1,449,000. This is a simply beautiful home!
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July
2010
Urban Outfitters located at 226 Harvard Ave in Allston is in foreclosure after the construction loan matured without replacement debt. It is a 3 story, 30,000 sq. ft. building that received $6.7M in financing before leasing to Urban Outfitters and Petco. There is currently 11,000 sq. ft. of office space available. The auction is set for September 16th. For more information or to view this property please contact Epapa27@yahoo.com
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July
2010
12 Fort Washington Place – U: 12
Cambridge, MA : Cambridgeport
$569,000
This townhouse is absolutely stunning! Over 1200 sq. ft. of contemporary, luxury living. It was completely gutted in 2004 and was finished with only the best and highest quality! It a amazing unique loft style duplex with cathedral ceilings. Very close to central square, the charles and Trader Joes. Great area and one of kind home! Its a must see…For more information or to set up an appointment please contact Epapa27@yahoo.com
Pictures
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July
2010
Heres a look at this brand new luxury community in Braintree, MA. Jonathans Landing is located at 400 John Mahar Highway, its home to gorgeous homes with top of line finishes and plenty of amenities. There are some truly amazing homes still available. For more information or to set up an appointment please contact Epapa27@yahoo.com
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