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Opportunity awaits at 40 Wright St. Spacious and inviting two-family home with tons of potential. Constructed in 1880, renovated in 2000, this home offers 2023 square feet of refined living space, ready for immediate occupancy. This distinguished property presents a unique opportunity for multi-generational living or investment within a desirable Stoneham locale. The first floor unit offers an open-plan kitchen seamlessly integrated with the living area and two bedrooms, while the upper unit consists of three bedrooms. This space is well-appointed, facilitating both everyday living and entertaining. Property needs some work but offers endless possibilities for investors, developers, or owner-occupants ready to create value. With a little TLC, this property has the potential of a stunning dream home. Located minutes to downtown Stoneham, commuter rail, and routes 93 & 95. We invite you to discover the potential and charm of this exceptional Stoneham property
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Our Executive Mortgage Banker:
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$829,000
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 |
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|---|---|---|---|
| Loan Amount | $663,200 | $663,200 | $663,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $681 | $681 | $681 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,766 | $4,030 | $5,596 |
| Total Monthly Payment | $4,539 | $4,803 | $6,369 |
* 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.