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OPPORTUNITY, OPPORTUNITY, OPPORTUNITY. This hilltop ESTATE SALE boasts sweeping views among the best in Southborough with incredible light. Interior has clean lines, open flow, and much, much more. The ideal buyer will be someone with vision and the capability to undertake/finish extensive renovations already underway. The property has not been lived in for many years but appears to be in sound structural condition. If you're looking for a project that will bring this home back to its full Southborough value, this is an opportunity that seldom comes along. Upper level has 1938 sf living space and walk-out lower level will probably add 2000+sf when finished. Room for au pair, in-law, home office(s) or large studio/media/workout. Property being sold "as is" with an easement for neighbor's driveway (see attachment). Buyers and their agents to use care and diligence when touring the property due to renovations in progress. Buyer to activate utilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 |
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|---|---|---|---|
| Loan Amount | $600,000 | $600,000 | $600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $1,101 | $1,101 | $1,101 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,454 | $3,842 | $4,982 |
| Total Monthly Payment | $4,647 | $5,035 | $6,175 |
* 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.