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Built in 1899 as a schoolhouse and thoughtfully converted into 20 distinctive residences, The Residences at Franklin School is an award-winning landmark recognized with the PRISM Award for Best Condominium Conversion in New England and a Housing Design Award. 304 is a bright, sun-filled corner unit. Soaring high ceilings and oversized windows bring in abundant natural light throughout the day, while the spacious open-concept living area offers excellent flexibility for everyday living. Beautifully preserved original hardwood floors add warmth, character, and lasting quality. Substantial brick construction enhances year-round comfort and creates an exceptionally peaceful living environment with minimal noise. The desirable split-bedroom layout places the two bedrooms on opposite sides of the home, offering excellent privacy. Conveniently located near I-93, Assembly Row, Wegmans, Middlesex Fells Reservation, Wellington Station, and Routes 16 and 28, with easy access to Boston.
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Closet, Flooring - Hardwood | Main,First |
| Dining Room | Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Lighting - Overhead | Main,First |
| Kitchen | Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances, Gas Stove | Main,First |
| Living Room | Flooring - Hardwood, Window(s) - Picture, Recessed Lighting | Main,First |
| Master Bedroom | Bathroom - Full, Closet, Flooring - Hardwood, Window(s) - Picture, Closet - Double | Main,First |
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
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 |
|
|---|---|---|---|
| Loan Amount | $540,000 | $540,000 | $540,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $436 | $436 | $436 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,234 | $3,369 | $4,448 |
| Total Monthly Payment | $3,762 | $3,897 | $4,976 |
* 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.