Presented byKerrianne Ciccone |
OFFERS DUE 3/5 at 12pm. . Seller reserves right to accept prior. Absolutely pristine home that feels like new construction in a premier location that faces the coveted Somerville Community Bike Path. This top floor, corner unit has everything a buyer dreams of including open concept living on one level, large kitchen with center island, 2 generously sized bedrooms, 2 full baths, 2 garage spaces, a private, covered patio, a light filled living and dining area with beautiful windows and custom blinds that gets lovely light from sunrise to sunset, in-unit laundry, primary bedroom with en-suite bath, C/A and a location that can't be beat! It's a 5 min walk to the T and a short walk to Davis and Porter Square. Easy commute to Harvard Square, MIT, Tufts, Cambridge and Boston. The building is professionally managed and has been thoughtfully cared for. Recent improvements include: new roof 2019, new hvac 2021, new dishwasher 2022, new washer and dryer 2024, Pet friendly and high owner occ. ra
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,179,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 617.999.3459
Kerrianne.Ciccone@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $943,200 | $943,200 | $943,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $811 | $811 | $811 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,731 | $6,196 | $8,281 |
Total Monthly Payment | $6,667 | $7,132 | $9,217 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.