Update from Laffely Real Estate
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As we all navigate the current landscape, we wanted to provide an update regarding our business. While we will be working remotely for the next few weeks, we will also be assisting our clients and community where we can! Together, we can do this.
"It takes a village!"
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Remember we can all do our part to help our communities. If you can, buy a gift card or make an online purchase from a local business. Many restaurants are also offering take-out service. Visit their websites to see take-out menus, and view pick up and delivery options. Help where you can so our favorite local spots can still thrive! Thank you!
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"At-Home" Commercial Business Potential
158 Lafayette Road | Salisbury, MA
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$1,050,000
3,686 sq ft | .75 acres
2 buildings | Residential, Retail and Manufacturing Space
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This property provides optimal exposure to U.S. Route 1 & quick access to Interstates
95 & 495. One building houses 1st floor retail space & a 2nd floor residence with 4 spacious bedrooms, 2 luxurious bathrooms w/ combination quartz and granite finishes, 2 offices, a beautifully appointed living room w/ dramatic granite fireplace surround, a sizable eat-in kitchen with every amenity imaginable, hardwood & quartz/granite flooring throughout the entire living space & abundant storage space both upstairs & down. A 2nd 4000+ SF metal building on the site features (2) large bays w/ overhead doors, 5 ton crane system (sold separately), 2 half baths & an office. Many different usages are allowed within the LM-B overlay zoning district for both business and residential (
refer to the town’s Table of Use Regulations
).
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Commercial Property for Sale
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159 Beach Road | Salisbury, MA
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$995,000
1000+ sq ft | .72 acres
Beach Commercial
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Up until recently this property was used as a take-out restaurant (Foote's Ice Cream). Excellent visibility along the Route 1A corridor that leads to the beach center. Property is in the Beach Commercial zone & suitable to multi-unit residential development.
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13 Toll Road | Salisbury, MA
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Easy Access to
Commuter Routes
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Vacant Lot in an area of residential properties w/ quick access to I-95 & Rt 1. There is an existing septic system on site that serviced a residence that has since been razed; condition of the system is unknown, but sewer has been approved & is scheduled to be put out to bid in 2020. All permitting is the responsibility of the buyer; property sold as is.
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Bob Pezzella | Branch Manager
NMLS #112811
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Fed Rate Cut vs. Mortgage Rates
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Our friends at RMS Mortgage shared a post, on Instagram, that we thought would be helpful for all, regarding the fed rate cut and how that impacts mortgage rates. From RMS, "The Fed rate cut does not correlate to a cut in mortgage rates. A Fed rate cut impacts short term lending rates to help stimulate the economy." Need more information? Click the button which links to a
Mortgage News Daily
article on the topic.
The author's main point:
THE FED DID NOT JUST CUT YOUR MORTGAGE RATES!
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Strong Start to 2020 Housing Market
Confidence in the housing market is strong as we move in to 2020. Recent research, reports and surveys support this confidence with strong stats. Does this mean we should worry about the next crash; or does it mean now is the right time to make a move...
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CMA:
Discovering a Home's Value
We are continuing to see home values in our area of Massachusetts and New Hampshire increase. If you are thinking of selling your home this year, or buying a home, how do you determine market value? A CMA or comparative market analysis can help answer this question...
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As we all adjust to working and spending more time at home, we wanted to share a few links, including several town websites which will have the most current information regarding closures. If your town website is not listed here, it's easy to find. Just go to
Google
and type in
town of
name, state
(for example:
town of Newbury, MA
).
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Let us apply our 10+ years of experience to help you reach your real estate goals for 2020.
Contact us to learn more.
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