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Presented by
Kimmi DeKlyn |
8 Franklin St, Somerville (East Somerville), MA, 02145 | $1,250,000
Rare opportunity to own an award-winning Queen Anne Victorian property with modern updates in East Somerville. Offering a total of five bedrooms and three full bathrooms over three floors, this two-family residence provides flexibility for owners and investors alike. Unit 1 is a spacious 1-bed, 1-bath, living room, dining room, and kitchen. Unit 2 on the 2nd and 3rd floors features 4 bedrooms, 2 bathrooms, a living room, office, kitchen, and in-unit laundry. Updates include a newer roof, Gas heating/hot water systems, kitchens and baths, and exterior painting. Hardwood floors & separate metered utilities. Full unfinished basement offers storage space and laundry for Unit 1. Off-street parking for 4 cars. Just off Broadway, with an abundance of shops and restaurants, close to Assembly Row, and ideally positioned for commuters, just minutes to the MBTA Orange & Green Lines. Easy access to I-93S to Boston, or north to New Hampshire, the location supports both convenience and lifestyle
Features
- Town: Somerville
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, T-Station
- Rooms: 11
- Bedrooms: 5
- Baths: 3 full
- Units: 2
- Laundry: Gas Dryer Hookup, Washer Hookup
- Year Built: 1900
- Heating: Steam, Natural Gas, Unit Control, Baseboard
- Cooling: Window Unit(s), Wall Unit(s)
- Basement: Full, Concrete, Unfinished
- Approx Sq. Feet: 3,094
- Acreage: 0.08
- Est. Taxes: $11,232
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood
- MLS#: 73501024
- Website: https://www.raveis.com
/prop/73501024/8franklinst_somerville_ma?source=qrflyer
William Raveis Family of Services
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.
Kimmi DeKlynSales Associate
503.507.3524
Kimmi.DeKlyn@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 69957
914.260.5535
Mace.Rattet@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 69244
914.260.2006
Francine.Silberman@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
8 Franklin St, Somerville (East Somerville), MA, 02145
$1,250,000
Kimmi DeKlyn
Sales Associate
William Raveis Real Estate
Phone: 503.507.3524
Kimmi.DeKlyn@Raveis.com
Mace L. Rattet
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
Francine Silberman
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | $936 | $936 | $936 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,445 | $5,915 | $8,237 |
| Total Monthly Payment | $6,506 | $6,976 | $9,298 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630