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This two bedroom home is the perfect one to make yours. The home opens into a combined living, dining and kitchen with cathedral ceiling that feels bright and welcoming. Located near the MBTA station just a half mile away, it's a home that commuters or anyone will look forward to entering at the end of the day. The two bedrooms are comfortably sized—one serving as the primary bedroom with enough space for your bed and furniture while the second bedroom works well as a guest room, or home office. The lower level was originally used as a garage and is now used for the utilities and storage. The level yard has plenty of room for recreation and gardens. Purchase this home and you'll be planting tomatoes and flowers as the weather changes seasons. This home emphasizes an efficient use of space and a warm and comfortable living environment. And Gloucester's restaurants, recreation, the Boulevard, beaches and other features of the Gloucester community are within easy reach.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | Closet | 9.8 x 12.3 | First |
| Dining Room | Cathedral Ceiling(s), Open Floorplan | First | |
| Kitchen | Cathedral Ceiling(s), Flooring - Laminate, Open Floorplan | 12.5 x 14.2 | First |
| Living Room | Cathedral Ceiling(s), Closet, Flooring - Laminate, Open Floorplan | 12.7 x 14.2 | First |
| Master Bedroom | Closet | 9.7 x 12.3 | First |
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$498,000
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 | $398,400 | $398,400 | $398,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $361 | $361 | $361 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,357 | $2,453 | $3,253 |
| Total Monthly Payment | $2,793 | $2,889 | $3,689 |
* 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.