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Discover the perfect blend of history and modern comfort at The Residences at Franklin School. This spacious, sun-filled unit is on the third floor of a well-maintained elevator building. It features a welcoming layout with high ceilings and large windows that fill the space with natural light. The open kitchen and living area, complete with granite breakfast bar countertops, are ideal for enjoying your morning coffee or hosting friends in the evening. With two spacious bedrooms and two full bathrooms, there's plenty of room for everyone. Convenience is key with an in-unit washer and dryer, as well as central heating and air conditioning to keep you comfortable year-round. Plus, this home comes with two assigned parking spots and extra private storage in the basement. Located just a few minutes from Assembly Row, local parks, and major routes, it offers easy access to all the best spots in Medford and Boston. Welcome to your new, cozy home where comfort and convenience come together!
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | Vaulted Ceiling(s), Closet, Flooring - Hardwood | 9.8 x 14.3 | Third |
| Kitchen | Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead | Third | |
| Living Room | Flooring - Hardwood, Recessed Lighting, Lighting - Overhead | 11.0 x 14.3 | Third |
| Master Bedroom | Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Closet - Double | 19.3 x 14.0 | Third |
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:
$675,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $540,000 | $540,000 | $540,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $436 | $436 | $436 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,194 | $3,369 | $4,412 |
| Total Monthly Payment | $3,722 | $3,897 | $4,940 |
* 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.