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Development Details

Organization: JTE Realty Associates

Development Profile

Development Name: Riverbend Estates
Address:

591 Berkley Street

Berkley, MA

Independent Living Center Region: Fall River/New Bedford
Development Photo 1:
Development Photo 2:
Manager Name: JTE Realty Associates, LLC
Email Address: riverbend@jterealtyassociates.com
Site Phone: 978-258-3492
Mobile Phone:
TDD/TTY Phone:
Fax:
Website Address: http://www.jterealtyassociates.com
Development Description: TO BE SOLD TO ELIGIBLE HOMEBUYERS ON A FIRST COME FIRST SERVE BASIS (4) 2-Bed, 1.5 Baths (duplex style) units $146,000 (NEW PRICING), 1230 sf (approx) Riverbend Estates is a new construction development consisting of sixty eight (68) units set on a 60.32 acre site at 591 Berkley Street in Berkley. The project will consist of fifty one (51) market rate units and seventeen (17) affordable units. The developer of the project is Berkley River Bend Estates, LLC. There are four affordable units in the first phase which are located in two duplex style buildings units. A Condominium Trust has been created to manage the duplex condominium, in which both owners are equally represented. There are no initial common area costs budgeted since plowing, landscaping and other incidental costs will be the responsibility of each individual unit owner. After construction of the entire subdivision has been completed (possible three to four years), there will be homeowners' association expense for road plowing and maintenance at such time that the roads are accepted by the Town as public ways. There are no homeowners’ association charges now. The design of the remainder of the affordable units will either be duplex or single family home, subject to final density plans, and will be marketed by lottery in the future. All of the affordable units will have two bedrooms and 1-1/2 bathrooms with full unfinished basements. Unit amenities for all units include refrigerator, stove, microwave, dishwasher, washer/dryer hookups only, telephone and cable jacks, 200 amp electrical service and oil-fired energy efficient heating system. Central air conditioning will be optional at an additional charge. Information regarding unit sizes and the project were supplied by the Seller. Any errors or omissions of any information on the Application, Information Packet and Newspaper advertising or any form of advertising may be subject to change without notice. Write To: JTE Realty Associates, P. O. Box 955, No. Andover, Ma. 01845 Or e-mail: riverbend@jterealtyassociates.com MAILING ADDRESS MUST BE PROVIDED 978-258-3492
Rental or Ownership? Includes Ownership units
Other Lease Terms:
Utilities: Utilities not included
Services: No services attached.
Application website: http://www.jterealtyassociates.com
Is a referral from a service provider needed? No
Application Type:
(if applicable)
First come, first served
Application Process: Write To: JTE Realty Associates, P. O. Box 955, No. Andover, Ma. 01845 Or e-mail: riverbend@jterealtyassociates.com MAILING ADDRESS MUST BE PROVIDED 978-258-3492 Open House - Sunday 3-5PM Call 774-259-5250 to view a unit
Resale or New Property: New
Income Guidelines: Max Income 1 Person - $46,300 2 Persons - $52,950 3 Persons - $59,550 4 Persons - $66,150 (Subject to change without notcie)
Asset Guidelines: As defined in the information packet

Unit Types

Results: Unit Types 1-1 of 1

Sorted by: Unit Type

Unit Type Number of Bedrooms Accessibility Status Affordability Actions
8329 2-bedroom Has Barriers/ Stairs Moderate
$146000
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