This beautifully updated and charming antique home in Downtown Hingham is perfect for a variety of living arrangements. It can easily be converted back into a single-family home or continue as a 2-family property, allowing you to occupy one unit while renting out the second, use it as an in-law unit, or rent out both units. The larger unit boasts 4 bedrooms and 1 1/2 baths, featuring an eat-in kitchen, mudroom, living room, and a cozy office space. The second unit has a sunny and bright open floor plan for the kitchen/dining and family room, complemented by an office, 2 generously sized bedrooms, and 2 full baths. The property is further enhanced by a 3-car garage, atop which sits a fantastic heated bonus/office space. This area includes a kitchenette, an expansive room with cathedral ceilings, and 2 additional multi-use rooms with closets. Nestled on a large lot on a quiet side street, the home is just a short walk from the commuter train and boat to Boston.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | $1,106 | $1,106 | $1,106 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,800 | $7,352 | $9,749 |
Total Monthly Payment | $8,031 | $8,583 | $10,980 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.