483 Franklin Street, Reading, MA, 01867 | $1,100,000
This spacious and distinctive home blends historic character with modern conveniences. The first floor offers a well designed layout featuring a living room, dining room, eat in kitchen, family room, mudroom, and a full bath. Upstairs, the second floor includes four good sized bedrooms and an additional room that can be used as an office or playroom and two full bathrooms, providing ample space for work and relaxation. Rich in original detail, the home showcases four working fireplaces and a wood stove, wide plank floors, soapstone countertops and a classic wood shingle roof. Known as the Richard Nichols farmstead, this property is a rare and authentic example of early architecture. Additional features include a Beverly jog addition, a walk-out lower level, a front and back staircase and numerous other updates. These improvements include a brand new two-car garage, new driveway, stone wall, landscaping, fresh interior paint in select rooms, and some recently refinished wood flooring.
Features
- Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
- Rooms: 9
- Bedrooms: 4
- Baths: 3 full
- Laundry: In Basement
- Style: Antique, Farmhouse
- Year Built: 1731
- Garage: 2-car Detached
- Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
- Approx Sq. Feet: 4,339
- Acreage: 0.46
- Est. Taxes: $0
- Lot Desc: Easements
- Appliances: Range, Dishwasher, Disposal
- MLS#: 73511368
- Website: https://www.raveis.com
/eprop/73511368/483franklinstreet_reading_ma?source=qrflyer
Listing by Sumi Sinnatamby courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate
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.
Customer Service
888.699.8876
Contact@raveis.com
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Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 38342
978.314.1072
Joanne.OKeefe@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
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@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
483 Franklin Street, Reading, MA, 01867
$1,100,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Joanne O'Keefe
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,928 | $5,347 | $7,367 |
| Total Monthly Payment | $5,053 | $5,472 | $7,492 |
* 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