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950 Mass Ave is "BAY SQUARE" an established condominium full service building with outdoor pool and gym! This 2 bedroom unit has a renovated kitchen that opens onto the Living/Dining area. The Master with bath ensuite and walk-in closet is large and the second room work best as a study or small guest room. Does not work for roommates because second tenant would have to use shower in Primary. There is a stylish sitting area where guests can wait for you and the concierge can take your packages in your absence. The outdoor patio and outdoor pool is rare treat for Cambridge and throw that gym membership away and visit in the building's gym on the first floor. A few blocks East of Harvard Square makes Bay Square convenient for both MIT and Harvard affiliates or anyone needing to take the Redline into Kendall, MGH or Boston proper. Each floor has a laundry room. Landlord takes First and Last months rent. Sorry no undergrads. Building has a $500 Move in fee. No pets building.
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Our Executive Mortgage Banker:
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$3,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $3,120 | $3,120 | $3,120 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $19 | $19 | $26 |
| Total Monthly Payment | $94 | $94 | $101 |
* 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.