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Welcome to this charming and refreshed 1 bed, 1 bath condo in desirable North Andover. Built in 2006, this well-maintained home offers a bright and functional layout with a modern kitchen featuring updated appliances, including the refrigerator and stove. The kitchen opens seamlessly into the dining and living area, creating an inviting space for everyday living and entertaining. The spacious bedroom offers great comfort and flexibility, while the large full bathroom and in-unit laundry add everyday convenience. Additional features include central air conditioning, forced hot air heat, and 1 assigned parking space (19) . Set within a beautifully maintained association, residents can enjoy access to a clubhouse, pool, gym, locker rooms, and scenic grounds. Conveniently located close to area amenities, shopping, dining, and commuter routes, this condo is a wonderful opportunity for anyone looking for low-maintenance living in a charming North Andover setting. See remarks about financing
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$359,900
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 | $287,920 | $287,920 | $287,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $325 | $325 | $325 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,773 | $1,818 | $2,391 |
| Total Monthly Payment | $2,173 | $2,218 | $2,791 |
* 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.