42 Margaret St, Monson, MA, 01057 | $300,000

At 199 years, she’s ready for a new love. The Stebbins Farm, once a prominent and expansive dairy farm on Margaret Street, served Monson for generations. Now on the market for the first time in 74 years, this stately 1826 home offers incredible investment potential. Nestled on a private 4. 3 acre lot just 10 minutes from the Mass Pike, this 3-family property includes a spacious main house with old-world charm. Complete with stunning hardwood floors, a beautiful stone fireplace, charming breakfast nook, wide plank flooring, and a versatile layout. Two additional 1 bedroom accessory apartments, each with separate electric meters, heat sources and private entrances, offer flexibility for multi-generational living or rental income. Investors, rehabbers, or maybe those interested in homesteading make your move – this is a rare chance to breathe new life into a historic property. Exterior and interior details abound – come take a look for yourself!

Features

  • Amenities: Pool, Walk/Jog Trails, Conservation Area, Public School
  • Rooms: 15
  • Bedrooms: 6
  • Baths: 4 full / 1 half
  • Units: 3
  • Laundry: Electric Dryer Hookup
  • Year Built: 1826
  • Garage: 2-car
  • Basement: Partial, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Approx Sq. Feet: 3,882
  • Acreage: 4.31
  • Est. Taxes: $5,486
  • Lot Desc: Level
  • View: Scenic View(s)
  • Appliances: Range, Refrigerator
  • MLS#: 73377874
  • Website: https://www.raveis.com
    /prop/73377874/42margaretst_monson_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 King Group courtesy of Coldwell Banker Realty - Western MA   Phone: 413-567-8931

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

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Frank.Kolb@raveis.com

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42 Margaret St, Monson, MA, 01057

$300,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $240,000 $240,000 $240,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.990% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.160% 7.154% 6.172%
Monthly Tax Payment $457 $457 $457
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,557 $1,595 $2,009
Total Monthly Payment $2,089 $2,127 $2,541

* 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.