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The property all are looking for! Welcome to 91-93 Andover St! This very spacious, well maintained, income producing 3 family property has been with the same family for 30 years. First floor offers 3 bedrooms, an open concept living space, separate dining space, and a very large kitchen! Second and third floors offer 4 bedrooms, large living space and separate dining area! These are the apartments all tenants are looking for and owners wish they could offer! Want more peace of mind: the property has been de-leaded through the Lawrence program. Fresh siding, new porches, and mechanicals in great shape add to investment value. Property offers 4 bay garage for extra income or to help attract stronger tenants! Rents are all well under market value due to time and quality of current tenants. Looking for an investment property in an in demand location, well maintained, and where the numbers make sense? This is a must see! OPEN HOUSE: Saturday and Sunday 11: 00am - 1: 00pm
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Our Executive Mortgage Banker:
Our Insurance Division:
$924,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $739,920 | $739,920 | $739,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $540 | $540 | $540 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,916 | $4,318 | $6,046 |
| Total Monthly Payment | $4,548 | $4,950 | $6,678 |
* 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.