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Welcome to 68 Cook Ave in the highly sought after Prattville neighborhood. This cash flowing 3-family has endless potential for being even more lucrative. The low maintenance home is 2. 5 miles from Boston and Logan airport, perfect for attracting tenants. With seamless access to Route 1 and public transit directly into Boston you can enjoy a quiet residential setting that doesn't sacrifice convenience. Improvements have already been completed, featuring a newer roof, newer heating systems, and newer hot water heaters. The well sized units are all occupied under TAW. Unit 2 and 3 have bonus spaces and modern kitchens. The exterior has low maintenance siding, a private yard, and newly finished stairs. The 3-family home is perfect for an investor or an owner occupied buyer looking for a low cost of living. Reach out for more details or a private tour.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
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 | $780,000 | $780,000 | $780,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.228% | 6.086% | 6.183% |
| Monthly Tax Payment | $687 | $687 | $687 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,552 | $4,676 | $6,582 |
| Total Monthly Payment | $5,331 | $5,455 | $7,361 |
* 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.