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An amazing opportunity to get into Needham! This solid cape style home has three good size bedrooms and two full bathrooms, an updated kitchen, and a large front to back living room. Directly off the kitchen is another space offering an optional formal dining room or sitting room. So much flexibility in how to use this space! A large bedroom and a full bath round out the first floor and two additional good size bedrooms upstairs with another bath. This is an established neighborhood with more expensive homes in the area, on a quarter acre of land. The location is close to Newman Elementary School, around the corner from the entrance to the town forest trails, and less than a mile to Needham center with its shops, restaurants, and train station. Don't pass this one by.
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Flooring - Hardwood | Second |
| Bedroom 3 | Flooring - Hardwood | Second |
| Dining Room | Flooring - Hardwood | First |
| Kitchen | Flooring - Hardwood | First |
| Living Room | Flooring - Hardwood | First |
| Master Bedroom | Flooring - Hardwood | First |
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Our Executive Mortgage Banker:
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$1,195,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 781.490.5670
Andrew.vanDyk@raveis.com
NMLS Mortgage Loan Originator ID 23716
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $956,000 | $956,000 | $956,000 |
| 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 | $1,006 | $1,006 | $1,006 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,428 | $5,809 | $8,067 |
| Total Monthly Payment | $6,559 | $6,940 | $9,198 |
* 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.