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Ellery Square is a masterfully crafted community of contemporary style residences. 16 Ellery is situated beautifully on the end of the courtyard & offers bright sunny living spaces with high ceilings & walls of windows throughout. Enter this home off the pretty courtyard into a foyer that is perfect for coats & shoes. Also on this level is a bonus room/home office/home gym & the attached garage. The 2nd level is the hub of this home, offering a luxe kitchen with seating & a living room featuring direct access to private oversized patio. The upper levels have 3 bedrooms including the primary with en suite bath & private roof deck. Convenient in unit laundry, so much storage space & hardwood floors throughout. Steps to Cambridge Public Library & Rindge & Latin School. Short walk to Harvard Square. This home is an oasis in the heart of mid Cambridge. Move in ready!
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Third | |
| Bedroom 3 | Third | |
| Dining Room | Second | |
| Kitchen | Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Peninsula | Second |
| Living Room | Flooring - Hardwood, French Doors, Exterior Access, Open Floorplan | Second |
| Master Bedroom | Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Balcony - Exterior | Fourth Floor |
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 | $1,600,000 | $1,600,000 | $1,600,000 |
| 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 | $971 | $971 | $971 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,085 | $9,722 | $13,502 |
| Total Monthly Payment | $10,181 | $10,818 | $14,598 |
* 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.