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Welcome to 8 Lorraine Court, an oasis of tranquility nestled in the heart of Medford. This delightful, private property is situated on a full acre at the end of a peaceful cul-de-sac, surrounded by lush, beautiful landscaping. The Residence itself is a haven of light and space, featuring 4 Bedrooms, 3 Full Baths, and 1 Half-Bath. The Primary Ensuite is a private retreat within the home. Every room is flooded with natural light, creating a bright and inviting atmosphere throughout. The living areas provide a perfect blend of comfort and functionality. The Family Room boasts a cozy wood-burning fireplace, while the Eat-In Kitchen and Dining Room offer ideal space for meal times. A conveniently located Laundry area and Half Bath are also situated off the Kitchen. The Home also includes a Sunroom with a Hot Tub, perfect for relaxation. This room is surrounded by a wall of windows and sliding doors that open onto a spacious deck, further extending the living space. An additional, Large Flex Room with a Full Bath and Sliders leading to a Covered Porch, offers versatility and could potentially serve as a Fifth Bedroom. For those with a green thumb, the separate Greenhouse and Shed are sure to delight! The expansive, 1, 401 square foot unfinished Basement with 8-foot ceilings and walk-out access, provides a wealth of potential for customization. The outdoor space is equally impressive. The Large Deck, the potential for an Inground Pool, and the privacy offered by the Cul-De-Sac location, combine to create an idyllic outdoor living environment. The location of this property is second to none. You'll be close to local parks and various recreational spots, as well as plentiful shopping venues, making this property not just a home, but a lifestyle. 8 Lorraine Court is more than just a house - it's a place to create memories, to live, and to love. We invite you to come and experience it for yourself.
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:
$849,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $679,200 | $679,200 | $679,200 |
| 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 | $1,671 | $1,671 | $1,671 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,856 | $4,127 | $5,731 |
| Total Monthly Payment | $5,619 | $5,890 | $7,494 |
* 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.