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Presented by
Elizabeth Vaca-Ranieri |
Experience modern sophistication and effortless city living at 353 Summer Street, ideally located in vibrant Davis Square. This stunning one bedroom plus den/guest room two bath and two garage parking unit offers 1, 130SF of sun splashed living space with oversized windows, high ceilings, and premium designer finishes throughout. The chef’s kitchen features sleek cabinetry, quartz countertops, and stainless steel appliances, flowing seamlessly into the open dining and living areas perfect for entertaining. The primary suite includes a walk-in closet and an en suite bath with a glass-enclosed shower. The second bedroom is ideal for guests or a home office. Enjoy in-unit laundry, central air, and elevator access in this professionally managed, pet-friendly building. Located just moments from Davis Square’s lively shops, cafes, Red Line T, and the Community Path, this home delivers the best of Somerville style, comfort, and convenience in one of the city’s most sought after neighborhoods.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,050,000
Broker/Owner
William Raveis Real Estate
Phone: 917.685.8558
elizabeth.vaca@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.361% | 6.203% |
| Monthly Tax Payment | $767 | $767 | $767 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,836 | $5,172 | $7,088 |
| Total Monthly Payment | $5,728 | $6,064 | $7,980 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.