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Posted by TEAM Metrowest on 7/31/2020

This Single-Family in Southborough, MA recently sold for $640,000. This Colonial,Garrison style home was sold by TEAM Metrowest - Berkshire Hathaway HomeServices Commonwealth Real Estate.


28 Pinecone Ln, Southborough, MA 01772

Single-Family

$619,900
Price
$640,000
Sale Price

8
Rooms
4
Beds
2/1
Full/Half Baths
Beautiful 4 bedroom Colonial home nestled in one of Southborough's most desirable neighborhoods, Kimberly Park ! First floor houses a fabulous kitchen with breakfast area, granite counters, SS appliances and peninsula for added counter space, with windows to enjoy the view of the back yard. Adjacent to the kitchen is the formal dining room and formal LR w/ gleaming HW floors. Tucked away down the hall is a cozy, fire-placed family room that has direct access to the composite deck & three season sunroom (converted from screened porch). Fully fenced back yard with the deck & a patio is perfect for entertaining! Half bath is also on the first floor. 2nd floor houses an oversized master bedroom w/ a fireplace and an additional sitting room, walk-in closet & master bath. 3 generously sized bedrooms & a full bath also on the second floor. Newer windows, composite deck, fence, shed & expanded driveway to name a few. Located close to Rt 9, Rt 30, Mass Pike and shopping. Don't miss it!!

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Categories: Sold Homes  


Posted by TEAM Metrowest on 7/29/2020

This Single-Family in Millis, MA recently sold for $680,000. This Colonial style home was sold by TEAM Metrowest - Berkshire Hathaway HomeServices Commonwealth Real Estate.


170 Orchard St., Millis, MA 02054

Single-Family

$699,900
Price
$680,000
Sale Price

12
Rooms
5
Beds
3/1
Full/Half Baths
Expansive & freshly painted home, beautifully sited on 62,000+ sq ft of land abutting woods w/ meandering stream, rock walls & an array of wildlife on rural Orchard St.! 2 story foyer welcomes you to this wonderful family home w/ room for everyone! 1st floor provides a formal DR, LR and office, all w/ hardwoods. Kitchen w/ 2 pantries, new stove/ micro & eat-in area flows into the fire-placed family room w/ French doors leading to the inviting screened porch & open deck area to enjoy views of the gorgeously landscaped yard. 2nd floor presents 4 generously-sized bedrooms all w/ large closets & ceiling fans. Master spoils you w/ its own FP, WIC, Juliet balcony, skylights & full bath. 2nd floor also offers a conveniently located laundry room. Walk-out lower level is the perfect au-pair or in-law suite! Private area includes a 5th bedroom, LR, kitchenette & full bath w/ sliders leading to the back yard - you may not be able to get rid of your guests! Minutes to Rt. 115 & Rt. 109.

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Categories: Sold Homes  


Posted by TEAM Metrowest on 7/29/2020

Image by Rvector from Shutterstock

What is natural ventilation? It's utilizing wind with the "chimney effect" to draw warm air out of the home and replacing it with cooler air from outside. As the wind blows against your home, it forces air into open windows on one side of the house while a vacuum effect draws the air out of the windows on the other side. The vacuum effect relies on convection. As cool fresh air is pulled into the home it absorbs heat from the room, the warm air rises and exits through rooftop vents or skylights on the upper floors. As the warm air moves out of the space, cooler fresh air is pulled in behind it. When mechanized to operate by a thermostat, natural ventilation systems modulate the temperature in your home efficiently. Countless benefits come with natural ventilation. Here are a few:

Low utility bills

One of the primary advantages of using a natural ventilation system is the decrease in your energy bills. Natural ventilation and hybrid ventilation consume much less energy (or no energy at all) compare to these mechanical systems. To save more on energy consumption, perhaps going for a natural hybrid ventilation system that cuts down on your energy use would be best.

Efficiency 

Natural ventilation systems have a low energy consumption level. This makes them the best choice when looking to increase efficiency in a building or home. You can save up to 70 percent of your emissions, much more than the traditional mechanical ventilation.

Maintenance

The overall cost of maintaining HVAC ventilation is high, compared to natural ventilation systems. Natural systems generally come with fewer, more affordable parts.

Space saving

A natural ventilation system takes very little space, especially as compared to an automated system. If you donít want bulky components, a natural system is the better option.

Natural ventilation systems work best in areas where the days are warm and the nights are cool. If you live in an area that is very humid or where day and night temperatures are similar, natural ventilation systems are less effective.





Posted by TEAM Metrowest on 7/24/2020

This Single-Family in Bellingham, MA recently sold for $535,000. This Colonial,Gambrel style home was sold by TEAM Metrowest - Berkshire Hathaway HomeServices Commonwealth Real Estate.


42 Roger Belanger Drive, Bellingham, MA 02019

North Bellingham

Single-Family

$520,000
Price
$535,000
Sale Price

8
Rooms
3
Beds
2
Baths
Do you love the outdoors & want to feel like you are on vacation year round? This beautifully expanded & updated home on Beaver Pond is what you've been waiting for! Set back at the end of a cul-de-sac abutting 25 acres of conservation land & trails, this hidden gem of a home offers stunning views from every window. Pastoral & serene, it's the perfect setting for creating memories & hosting family BBQs. Watch the kids fish, kayak, ice skate or ice fish on the pond, relax on the deck or go for a swim in the heated in-ground salt water pool. You'll love the very nature of this year-round retreat! Inside you'll find warm & inviting spaces for relaxed & comfortable living - a spacious home office that makes for a great 1st flr bedroom. The expansive family room w/ gas stove offers panoramic views of the pond. Upstairs is a large master w/ lots of closet space, 2 spacious bedrms & a full bath. With privacy & incredible views of the water, watch the colors of the season change. Close to all!

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Categories: Sold Homes  


Posted by TEAM Metrowest on 7/22/2020

Photo by Nattanan Kanchanaprat via Pixabay

Would you like to invest in real estate? To buy thousands of income-producing properties, from apartments to office buildings to industrial parks, all over the country or the world? It you’re wealthy, you might dispatch someone to travel far and wide and do just that, but even if you’re not rich you can participate. The tool that enables this is a Real Estate Investment Trust, or REIT.

What is a REIT?

A REIT uses its investors’ money to buy or finance real estate that produces income. It’s an investment in property rather than stocks or bonds. The profit it earns from leases and rents is distributed to investors. By law REITs must pay out 90 percent of this income to the shareholders, but 100 percent is more common.

Most REITS are Equity REITs, which directly own property. Mortgage REITs are indirect, investing in mortgages and mortgage-backed securities. Most REITs are publicly traded and listed on national exchanges. Some are private; these generally require a larger minimum investment.

REIT holdings include residential buildings, office space, industrial facilities, shopping centers, hotels, storage facilities and even data centers. A REIT may invest in one of these asset types or a mix of many.

There are also mutual funds that invest in REITs. Some are actively managed and others are Exchange Traded Funds (ETFs) that buy all REITs, or all REITs in specific categories, without trying to pick winners.

Are REITs a good investment?

REITs offer the benefits of owning rental property without the headaches, homework and personal risk. If you want to buy, say, an apartment building, you must evaluate the property, arrange financing, find renters, deal with tenants and building maintenance on a day-to-day basis and handle the accounting and taxes. If your investment turns sour you’re in for a big loss. With REITs, professionals do that work, and if one property loses money it’s offset by those that do well. Also, you can put as much or as little at risk as you want in a REIT. You can buy a small number of shares for a few thousand or even a few hundred dollars.

Historically, REITs have outperformed most other investments long-term. Average returns for the last 10, 20, 30 and 40 years have been comfortably over 10%. However, REITs are subject to the ups and downs of real estate and can be a loser in the short run. Generally the best time to buy a REIT is when the real estate market is at the bottom as opposed to when it’s nearing a crest. Of course, it’s difficult to know exactly when that is, so dollar cost averaging, i.e., buying regularly over time, is a good strategy.

REITs tend not to move up and down in lockstep with stocks and bonds, so they can have a balancing effect in a portfolio. Few would recommend making REITs the major part of your holdings, but they can be an important component of your investment strategy.




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