Nestled in the heart of the Liberty Heights neighborhood, 200 El Paso St offers a fantastic opportunity for those seeking a blend of classic Springfield charm and modern potential. This well-situated property boasts a prime location within the 01104 zip code, known for its quiet residential feel while remaining minutes away from local amenities, parks, and major highway access for easy commuting. The home features a functional layout designed to maximize space, with bright, airy rooms that invite natural light throughout the day. Whether you are a first-time homebuyer looking to build equity or a savvy investor seeking a solid addition to your portfolio, this residence provides a versatile canvas. Outside, the property includes a manageable yard perfect for weekend gardening or outdoor gatherings. Experience the convenience of city living with the comfort of a suburban retreat in this inviting Springfield gem. Don’t miss your chance to own a piece of Western Mass
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Our Executive Mortgage Banker:
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$265,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $212,000 | $212,000 | $212,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.168% | 5.561% |
| Monthly Tax Payment | $257 | $257 | $257 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,220 | $1,270 | $1,704 |
| Total Monthly Payment | $1,552 | $1,602 | $2,036 |
* 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.