LOT SIZE 0.401 acres
MLS#73551383
STATUSActive
PROPERTY TYPELand - Residential
Property Description
Rare development opportunity at 40 Cypress Street in Newton. This 17,000± sq. ft. lot has been subdivided through an approved ANR plan, creating two development parcels. One parcel is approved for two buildings containing six total units, while the second parcel is approved for one four-unit building, for a total of 10 units under Newtons MRT zoning. Approvals and plans currently in hand include the ANR plan filed with the Registry of Deeds, an approved MRT project through the DRT team with the order filed at the Registry, filed engineering plans, interior demolition permit, fire and sprinkler plans, and tree permit. Structural plans and building permits are expected to be delivered by closing. A significant opportunity to acquire a well-advanced Newton development project with substantial approvals already completed.
Property Features
Property Type: Land - Residential
Lot Size: 0.40 Acres
Taxes: $14,766
Feature Descriptions
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 4
Electric: On-Site
Electric On Property: Yes
Lot Features: Elevated, Lot Staked
Number Of Lots: 2
Parcel Number: M:0065 B:0019 L:0006,701582
Rental Term: Monthly
Sewer: Public Sewer, Perc Test On File
Water: Public
Listed By / Shown By
Listed By
Agency Name: William Raveis R.E. & Home Services
Agent Name: O & C Homes Team
Agency Phone: 617-964-1850
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
TOUR PROPERTY
Choose a date and time to see 40 Cypress St, Newton, MA 02459.
An agent will get in touch to confirm your request shortly.
Estimate Your Payment
Estimated Payment
$ 11,928.74 per month $9,458.66 Principal & Interest $1,230.50 Property Tax $1,239.58 Homeowner's Insurance
40 Cypress St | MLS# 73551383
This land located at 40 Cypress St, Newton, MA 02459 is currently listed for sale with an asking price of $4,250,000. The property has approximately 0.40 Acres. Search Newton real estate on www.masiellogrouprealestate.com today.