AMAZING OPPORTUNITY - BRICK 3 FAMILY IN SOUTH BOSTONS CITY POINT - This building consists of two recently renovated upper 3 bed 1 bath units with hardwood floors throughout, stainless appliances, granite counters and working fireplaces. First floor is a just completed condo quality gut renovation 2 bed 1 bath unit with hardwood floors, shaker style cabinetry, stainless appliances with quartz counter tops and a brand new bathroom. There's a large patio with a huge fenced in backyard, a full basement for storage, new Navien hot water systems and 2 year old roof. Steps to the beaches/Castle Island and moments to East/West Broadway and all the wonderful restaurants/markets/stores. Easy access to I93/I90 and very accessible public transit. The size and location of this property offers options that could greatly enhance the value and appeal of the property(consult listing agent for further details) There is potential to add parking in the rear of the property
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Our Executive Mortgage Banker:
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$1,750,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
| 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 | $1,008 | $1,008 | $1,008 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,840 | $8,507 | $11,720 |
| Total Monthly Payment | $8,973 | $9,640 | $12,853 |
* 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.