FREQUENTLY ASKED QUESTIONS

Get to know more about Sterling Hill Stoneham with answers to the most frequently asked questions below. If we’ve missed anything, visit our onsite sales center or contact us to get more info.

WHO IS THE BUILDER/DEVELOPER?

Sterling Hill Stoneham is being developed by Sterling Hill Stoneham, LLC, which is a partnership between the Katz Group and Finnegan Development. Visit KatzGroupNH.com and FinneganDevelopment.com for more information.

 

HOW MANY HOMES WILL THERE BE?

There will be two buildings containing 24 single-level homes each.

 

HOW MANY FLOORPLANS ARE THERE TO CHOOSE FROM?

There are 4 Floorplans to choose from.

 

WHAT IS THE PRICE AND SQUARE FOOTAGE OF THE HOMES?

The homes at Sterling Hill Stoneham start in the $500,000’s with floorplans ranging from approximately 1,400 to 1,800 SF.

 

HOW MANY BEDROOMS ARE THERE?

All Residences will feature 2 Bedrooms and 2 Full Bathrooms.

 

HOW MANY FLOORS IN THE BUILDING?

There will be two mid-rise buildings each consisting of 3 residential floors with underground parking. An elevator and stairways service all floors.

 

WHERE IS PARKING LOCATED?

A heated parking garage is located underneath each building with additional outside parking available for residents and guests. Each home will be assigned 1 parking space.  Additional garage parking spaces will be available for purchase.

 

WHAT ARE THE CONDOMINIUM FEES?

Fees are estimated between $311 to $395 per month and are based on the square footage of the home.

 

WHAT WILL BE INCLUDED IN THE CONDOMINIUM FEE?

Sterling Hill Stoneham is intended to be a maintenance-free community where items such as snow removal and lawn care are handled by the condominium association. See the full condominium budget and what is included on SterlingHillStoneham.com.

 

WHAT IS THE TAX RATE IN STONEHAM?

The Fiscal Year 2018 Residential Tax Rate is $11.71 per $1,000 of valuation.

HOW ARE THE HOMES BEING ASSESSED?

We advise homeowners to assume 100% assessment for the calculation of real estate taxes. In other words, assume the total purchase price of your home.

 

IS THERE A WARRANTY WITH THE HOME?

Yes, Sterling Hill Stoneham, LLC offers a one year limited warranty. A dedicated customer service representative will handle all issues during this period.

 

WILL THE HOMES HAVE OUTDOOR SPACES?

Yes, all Bellevue, Crystal and Skyline 1st floor homes include a covered patio and 2nd and 3rd floor homes include a covered balcony, approximately 7’9” x 5’-6”. All Fells 1st floor homes include a covered patio and 2nd and 3rd floor homes include a covered balcony, approximately 10’ x 5’-6”.

 

WILL THE HOMES HAVE STORAGE?

In additional to ample closet space within the home, each home will be assigned a secure storage unit in the underground heated garage approximately 5’ x 8’ in size.

 

HOW DO WE RECEIVE OUR MAIL?

Each home has a mailbox located in the 1st floor foyer next to the elevator.

 

ARE RENTALS ALLOWED?

Yes, for a minimum period of one year as allowed by the condominium documents.

 

ARE PETS ALLOWED?

Yes, as allowed by the condominium documents.

 

WHAT TYPE OF UTILITIES ARE PROVIDED?

Public water and sewer, electric, natural gas, and phone/cable/internet by Comcast.

 

HOW WILL THE TRASH BE HANDLED?

There will be a trash and recycling room located in the garage.

 

HOW DO I PURCHASE A HOME AT STERLING HILL STONEHAM?

Start by selecting your new home, signing a non-binding Reservation Agreement and putting down a $10,000 refundable deposit. The next step is signing a purchase contract.

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