Melrose
REAL ESTATE
Applications Now Open for Nine Income-Restricted Apartments at 154 Broadway, Somerville
SOMERVILLE – Mayor Katjana Ballantyne and the Somerville Office of Strategic Planning and Community Development (OSPCD) are pleased to announce that applications are currently being accepted for nine (9) income-restricted apartments at The Guild, located at 154 Broadway. Applications will be accepted until 5 p.m. on Thursday, August 1.
Single family residence sells in Lexington for $3.3 million
A spacious house located at 3 Mulberry Lane in Lexington has new owners. The 4,079-square-foot property, built in 2013, was sold on June 17, 2024. The $3,300,000 purchase price works out to $809 per square foot. This two-story house offers a spacious layout with six bedrooms and six bathrooms. On the exterior, the house is characterized by a gable roof design, featuring roofing made of asphalt. Inside, a fireplace adds character to the home. The property is equipped with forced air heating and a cooling system. Additionally, the home includes a garage. Situated on a spacious 1.3-acre lot, the property offers ample outdoor space.
Sale closed in South Boston: $2.4 million for a condominium
A spacious, recently built condominium located at 815 East Fifth Street in South Boston has a new owner. The 2,125-square-foot property, built in 2020, was sold on June 17, 2024, for $2,350,000, or $1,106 per square foot. This apartment has three bedrooms and two baths. The home's outer structure has a flat roof frame. Inside, a fireplace adds character to the home. The property is equipped with forced air heating and a cooling system. Additionally, the condo is equipped with a two-car garage, accommodating vehicles and storage needs efficiently.
Four-bedroom home sells in Belmont for $2.7 million
The spacious property located at 6 Woodbine Road in Belmont was sold on June 17, 2024. The $2,700,000 purchase price works out to $687 per square foot. The house, built in 1938, has an interior space of 3,931 square feet. This two-story home offers a capacious living environment with its four bedrooms and five bathrooms. Inside, there is a fireplace. The property encompasses a generous 0.6-acre of land.
Single-family home near Ashmont station to get rear addition with 13 new condos
The Zoning Board of Appeal today approved a developer's plans to renovate a single-family home at 9 Fuller St. in Dorchester and add a rear extension with four floors - to create a total of 14 condos. Anthony Monahan's plans call for three of the units to be sold as...
Ground Broken on 50,000sf Apartment Building in Boston
Boston – Boston developer Diarmaid McGregor, principal of N6 Properties, recently announced the start of work on an apartment building in the Roslindale neighborhood of Boston. The project at 375 Cummins Highway represents the first ground-up venture McGregor and company have undertaken since forming N6 Properties in 2023. The...
NHPF Acquires 17-Building Section 8 Complex in Roxbury
The NHP Foundation (NHPF), a national affordable housing provider, has acquired New Port Antonio, a historic Section 8 property located in the Warren Street neighborhood of Roxbury, MA. This acquisition marks one of the largest transactions in NHPF’s history. New Port Antonio Apartments comprises 227 urban residential apartment homes...
Zillow: You need to put down 61.7% to afford a home in metro Boston
In the US, the median-income household needs to put down about half that to afford the typical monthly mortgage payment. The dreams of homeownership in the United States are moving further out of reach for middle-class Americans. Affording even the down payment for a typical US home can be a burden, as home prices rise, interest rates remain high, and inventory lags demand.
Detached house in Charlestown sells for $2.7 million
The spacious historic property located at 37 High Street in Charlestown was sold on June 17, 2024. The $2,700,000 purchase price works out to $577 per square foot. The house, built in 1860, has an interior space of 4,676 square feet. This four-story house offers a spacious layout with four bedrooms and four bathrooms. The home's outer structure has a mansard roof frame, composed of asphalt. The lot of the property covers an area of 1,500 square feet.
Wu says commercial property tax hike would help keep housing affordable in Boston
Boston Mayor Michelle Wu spent about an hour Tuesday asking state lawmakers for the power to temporarily place a higher tax burden on commercial properties in the city. The change, Wu and measure supporters said, would shield residential properties and the people who live in them from seeing a surge in their property tax bills.
North Shore property sales, July 8 – July 14, 2024
If you would like your name removed for privacy reasons, email news@thelocalnews.news. Previous North Shore property sales can be found here. 7/8/2024Toll Northeast V CorpTagerman, Nancy M76 Ingalls Village Way Un 34$1,069,995. 7/8/2024Toll Northeast V CorpEvans, Mary-Margaret74 Ingalls Village Way Un 33$984,987. 7/12/2024Conroy Family Revocable TrustGuimaraes, Daniel Mello40 Herrick Rd$922,000.
Single-family home could be replaced with 28 apartments on Wachusett Street in Jamaica Plain
A Burlington developer has proposed replacing a "run down" single-family house at 140 Wachusett St. in Jamaica Plain, between the Boston Teachers Union and Young Achievers Schools, with a 28-unit apartment building with 20 parking spaces. Most of the apartments will have one bedroom each, but there will be five...
Six-bedroom home sells for $4.2 million in Wayland
The spacious property located at 6 Barley Lane in Wayland was sold on June 24, 2024 for $4,200,000, or $565 per square foot. The house, built in 1989, has an interior space of 7,433 square feet. This two-story house presents a roomy floor plan, featuring six bedrooms and eight bathrooms. On the exterior, the house is characterized by a gable roof design, featuring roofing made of asphalt. Inside, a fireplace adds character to the home. The property is equipped with hot water heating and a cooling system. Additionally, the house includes a two-car garage. The lot of the property is substantial, measuring 1.7-acre.
Methuen Plans Purchase of Historic Searles Estate; Perry to Seek Council Support
Methuen plans to purchase the historic estate of the late Edward F. Searles from the Sisters of Presentation of Mary and establish an independent commission to guide its future. Methuen Mayor Neil Perry said Tuesday the city last Friday signed an agreement, subject to City Council approval, to buy the...
Fallon Closes on $215M Construction Loan for Fan Pier Residential
Developer The Fallon Company has closed on a $215-million construction loan from Bank OZK, at a time when financing is challenging for projects across the region, the Boston Business Journal reported. The loan is for a 14-story, 130-unit residential tower next to the Institute of Contemporary Art, a final piece of Fan Pier that adds to a cluster of buildings on surrounding blocks in Boston’s Seaport District.
Greystar Breaks Ground on Latest Addition to Everett’s Commercial Triangle
Greystar has begun construction on a 416-unit apartment project in a corner of Everett, MA that has been seeing a lot of residential development, including four previous projects from the same developer. The Boston Business Journal reported that the seven-story Juniper will be the second phase of the South Carolina-based company’s development at 1690 Revere Beach Pkwy. The first phase, a 325-unit known as Jade, is expected to be ready in early 2025.
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