48 Castlegate Dr, #48, Springfield, MA, 01129 | $199,900

Opportunity awaits in the highly desirable Castlegate community, offering three levels of living space and exceptional potential to build equity. The main level features a comfortable living room with access to a private deck, along with a convenient half bath. Upstairs, you’ll find two bedrooms, a full bath, and the added convenience of in-unit laundry. The lower level includes a partially finished basement, providing flexible space ideal for a family room, home office, or additional storage. This unit is being sold as-is and presents a great opportunity for buyers or investors willing to bring their vision to life. With some cosmetic updates and modern finishes, this home can truly shine. Ideally located near shopping, dining, and everyday conveniences. This property will not qualify for VA or FHA financing.

Features

  • Parking: 3-car, Under, Garage Door Opener, Off Street, Paved
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Private School, Public School, University
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Laundry: Third Floor, In Unit, Electric Dryer Hookup
  • Year Built: 1989
  • Common Charge: $301 Monthly
  • Approx Sq. Feet: 1,836
  • Est. Taxes: $3,597
  • Pet Policy: Yes w/ Restrictions
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • MLS#: 73496206
  • Website: https://www.raveis.com
    /prop/73496206/48castlegatedr_springfield_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 Rodney Motta courtesy of Berkshire Hathaway Home Service New England Properties   Phone: 860-653-4507

Room Information

Type DescriptionDimensionsLevel
Bedroom 2 Flooring - Wall to Wall Carpet13.0 x 11.0Second
Kitchen Flooring - Laminate, Window(s) - Bay/Bow/Box, Dining Area, Breakfast Bar / Nook, Lighting - Overhead11.0 x 10.5First
Living Room Bathroom - Half, Flooring - Hardwood, Deck - Exterior, Exterior Access26.0 x 10.5First
Master Bedroom Flooring - Wall to Wall Carpet15.0 x 13.5Second

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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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48 Castlegate Dr, #48, Springfield, MA, 01129

$199,900

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 $159,920 $159,920 $159,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.357% 6.304% 5.648%
Monthly Tax Payment $300 $300 $300
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $946 $972 $1,296
Total Monthly Payment $1,321 $1,347 $1,671

* 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.