224 Salem St, #5, Medford, MA, 02155 | $3,200

Available 3/1 - Converted in 2003, this 2 Bedroom 2 bath is part of an 8 unit condo building located just outside Medford Square. An easy commute into Boston or out of the city via 93, Rt 60/16, or the Orange Line. Walking distance to Medford Square with lots of restaurant and entertainment options. The 1st floor rear corner unit offers a private entrance off the parking area. The main floor includes both bedrooms, living room, kitchen, a full bath, half bath, and a dedicated laundry closet. The lower floor is an open layout format and a great space for designing to your needs. The kitchen has an eat-in area, granite counter tops and includes stainless appliances; a range, refrigerator, dishwasher, and microwave. The living room provides a great space to relax by the gas fireplace. The bedrooms and lower floor are carpeted, and the rest of the unit is hardwood flooring. California closets throughout give you plenty of space to manage your storage.

Features

  • Type: Condominium
  • Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Laundry: First Floor, In Unit
  • Year Built: 1900
  • Approx Sq. Feet: 1,236
  • Pet Policy: Yes w/ Restrictions
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Lease Term Type: Term of Rental(12)
  • MLS#: 73464775
  • Website: https://www.raveis.com
    /prop/73464775/224salemst_medford_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Jamie Thompson courtesy of Thompson Realty   Phone: 781-395-1616

Room Information

Type Level
Bedroom 2 First
Kitchen First
Living Room First
Master Bedroom First

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

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224 Salem St, #5, Medford, MA, 02155

$3,200

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, 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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $2,560 $2,560 $2,560
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 6.209% 6.292% 5.628%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $15 $16 $21
Total Monthly Payment $90 $91 $96

* 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.