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A fantastic AFFORDABLE HOUSING OPPORTUNITY located within the highly desirable Wellington Crossing condominiums. This spacious, 1st-floor unit offers many desirable features, including an in-unit washer/dryer, central air, a private balcony & assigned parking. The open-concept floor plan features a sun-filled, front-facing living room w/ direct balcony access & a modern eat-in kitchen complete w/ granite countertops & maple cabinetry. The unit also includes a king-sized bedroom w/ a walk-in closet, a large bonus room ideal for a home office or guest bed, a well-kept bathroom, & an oversized laundry room providing excellent storage. Residents have access to the clubhouse, exercise room, pool, & tennis courts. Convenient access to Route 128, shopping, & local parks. Buyers MUST meet the Income & Asset Requirements as noted in the attached Eligibility Qual Form. Please fill out the application & hand deliver to the City of Waltham Housing Department to begin the qualification process.
| Type | Description | Level |
|---|---|---|
| Kitchen | Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting | First |
| Living Room | Closet, Flooring - Wall to Wall Carpet, Balcony - Exterior, Slider, Crown Molding | First |
| Master Bedroom | Walk-In Closet(s), Flooring - Wall to Wall Carpet, Crown Molding | First |
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$230,895
William Raveis Real Estate
Phone: 888.699.8876
Contact@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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $184,716 | $184,716 | $184,716 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.292% | 5.609% |
| Monthly Tax Payment | $19 | $19 | $19 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,049 | $1,122 | $1,497 |
| Total Monthly Payment | $1,142 | $1,215 | $1,590 |
* 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.