Lynne Morey - Coldwell Banker Residential Brokerage - Plymouth | Plymouth MA Real Estate


This Condo in Plymouth, MA recently sold for $505,900. This Half-Duplex style home was sold by Lynne Morey - Coldwell Banker Residential Brokerage - Plymouth.


91 Newfield Street, Plymouth, MA 02360

Downtown

Condo

$499,000
Price
$505,900
Sale Price

6
Rooms
2
Beds
2/1
Full/Half Baths
Rolling Mill - Intown location ~ A privately set 46 unit over 55 Active Adult community and is ONLY 1 MILE to downtown, restaurants & historic Plymouth waterfront. The Fuller "B" model boasts single level living with a first floor master. Great room w/ cathedral ceilings with slider to patio. Spacious island kitchen with open dining room. Second level has guest bedroom, full bath with tub, loft area perfect for an office. Private patio, 1 car garage. Common space will have an outdoor swimming pool, gym, clubhouse & victory gardens. Low condo fees. Megryco, Inc. (developer) has a strong history in Plymouth developing the Armory, Registry, Pointe1620 & Beechtree Estates. NO UPGRADES NEEDED. SS appliances, semi custom cabinets (various color options), quartz countertops, recessed lighting & comfort height lavs are just a few of the STANDARD options. Still time to choose interior finishes. Sidewalks to town. Full basement. ROLLING MILL IS SOLD OUT.

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24 Drum Drive, Plymouth, MA 02360

Manomet

Condo

$439,900
Price

6
Rooms
3
Beds
2/1
Full/Half Baths
The Village at Sawmill Woods is the 58 acre site of a vibrant new 200 home community in historic Plymouth, nestled between Shallow Pond and the vast conservation land of the Briggs Estate. It's just minutes from waterfront, beaches ,area golf, dining, Pinehills amenities and approximately an hours drive from Boston / 15 minutes to the Cape Cod Canal. Realize your dream to reside on a wooded lane in a charming, beautiful and surprisingly affordable energy efficient 3 bedroom 2 and a half bath new construction home with garage parking. Features include granite counters, master bedroom with private bath...low fees.(100.00)...outdoor space. Cement board exteriors, Central air, 200 AMP service. Make an appointment with the sales team to customize your home today! Sawmill Village is located behind Shallow Pond Estates. Use Kathleen Drive on GPS...follow to the end to reach Drum Drive. Phase 1 almost SOLD OUT.
Open House
Saturday
January 16 at 12:00 PM to 4:00 PM
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Location: 24 Drum Drive, Plymouth, MA 02360    Get Directions

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6 Drum Drive, Plymouth, MA 02360

Manomet

Condo

$435,000
Price

6
Rooms
3
Beds
2/1
Full/Half Baths
MODEL HOME AVAILABLE TO PURCHASE ~ The Village at Sawmill Woods is the 58 acre site of a vibrant new 200 home community in historic Plymouth, nestled between Shallow Pond and the vast conservation land of the Briggs Estate. It's just minutes from waterfront, beaches ,area golf, dining, Pinehills amenities and approximately an hours drive from Boston / 15 minutes to the Cape Cod Canal. Realize your dream to reside on a wooded lane in a charming, beautiful and surprisingly affordable energy efficient 3 bedroom 2 and a half bath new construction home with garage parking. Features include granite counters, master bedroom with private bath...low fees.(100.00)...outdoor spac, unit 6 includes patio. Cement board exteriors, Central air, 200 AMP service. Make an appointment with the sales team to customize your home today! Sawmill Village is located behind Shallow Pond Estates. Use 136 Kathleen Drive on GPS...follow to the end to reach Drum Drive.
Open House
Saturday
January 16 at 12:00 PM to 4:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 6 Drum Drive, Plymouth, MA 02360    Get Directions

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11 Drum Drive, Plymouth, MA 02360

Condo

$430,900
Price

6
Rooms
3
Beds
2/1
Full/Half Baths
The Village at Sawmill Woods is the 58 acre site of a vibrant new 200 home community in historic Plymouth, nestled between Shallow Pond and the vast conservation land of the Briggs Estate. It's minutes from waterfront, area beaches & approximately 50 mile drive from Boston. Realize your dream to reside on a wooded lane in a charming, beautiful, affordable, energy efficient, new construction 3 bedroom 2 1/2 bath home with garage and full basement. Starting at $399,900 (5 units only) Featuring Chef's kitchen with several choices of cabinets colors, stainless appliances, adjacent dining room, Spacious living room with natural light and sliders to private deck, corner gas fireplace option, 1st floor laundry, guest bath. The 2nd level boasts master bedroom w/ private bath, 2 guest rooms & full bath. Low fees. Late fall / Winter Occupancy. Make an appointment with the sales team to preview the staged model home and customize your home. Use Kathleen Dr. in GPS.drive to end to Drum Dr
Open House
Saturday
January 16 at 12:00 PM to 4:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 11 Drum Drive, Plymouth, MA 02360    Get Directions

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Image by Mediamodifier from Pixabay

Although most people think of real estate investments in terms of real property that they can see and touch, buy and sell, or rent and manage on their own, there is a popular form of real estate investment that is not as personal and interactive.

In many ways, it is easier, featuring the expectation of a steady, long-term income stream, and requiring less cash, almost no worry, and little concentrated effort. Buying shares in a real estate investment trust (REIT) is one way to create a diversified investment portfolio, and such investment opportunities are now widely available even to those with limited cash reserves and minimal investment expertise.

Instead of holding the deed to a specific piece of property, an investor in an REIT holds shares in a corporate entity that operates under strict guidelines established by the Internal Revenue Service. The law that governs such investment was actually passed in 1960. Today, it is estimated that about 80 million Americans own shares in the hundreds of REITs that are publicly traded through the SEC or offered privately by brokers and financial advisers. In recent years, there has been substantial growth in REIT investment through pension and retirement plans.

For the individual investor considering REIT investment, there are some cautions as well as some decided advantages. 

Advantages of REITs

First, on the plus side, a relatively small investment is required. Buying individual properties either to rent or for resale typically requires a substantial cash outlay, but REIT investment can begin with little cash outlay. This may be the prime advantage. Because one of the regulatory provisions limits major shareholder presence in any REIT, there is a great deal of opportunity for small investors.

Additional advantages include:

  • Liquidity: Particularly with publicly-traded REITs, buying and selling is as easy as contacting a licensed broker and issuing the order.
  • Steady Income Stream: REITs are required to return 90% of taxable income to investors each year, in the form of dividends.
  • Regulation & Transparency: Corporations operate under strict governance, and must be managed by trustees or a board of directors.
  • Beneficial Risk-adjusted Return: With initial due diligence, the risk of loss over the long-term is very low.

Possible Disadvantages

  • Minimal Growth: The possibility of capital appreciation is less than that of other investment types.
  • Tax Consequences: REIT Dividends are taxed as normal income under IRS rules.
  • Market Risk: All real estate value is market driven, and REIT's are no different. Investors should be aware of current trends, and take those into account when comparing various REITs. Certain segments are perennial high performers, while others are location and use-driven.
  • Associated Fees: Pay attention to management and transaction fees, not only those charged by investment brokers, but also the operating expenses of the REIT itself.

Investment decisions should always be made following due diligence, and with personal goals and objectives in mind. But for investors who wish to get into the business of real estate investing, even on a limited basis, REITs can be a first step.




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