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GREAT OPPORTUNITY! for rental or owner occupied. This 5-bedroom, 2-bathroom multi-family property is located in Dorchester Center, in the well desired Lower East Mills - Cedar Grove neighborhood in Suffolk County and was built in 1929. The property offers 3, 202 square feet of living space on a 4, 802 sq ft lot. Easy access to I-93 and convenience for commuting with public transportation. Close access to Neponset River Conservation and walking trails/playgrounds as well as having a lush yard for a peaceful place to retreat at the end of the day. A two-car garage adds convenience and secure parking. This property represents a compelling opportunity in a vibrant city, inviting you to explore its potential.
| Type | Description |
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| Laundry | Washer Hookup, Dryer Hookup, Electric Dryer Hookup |
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Our Executive Mortgage Banker:
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$1,024,000
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 | $819,200 | $819,200 | $819,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | $848 | $848 | $848 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,651 | $4,912 | $6,913 |
| Total Monthly Payment | $5,624 | $5,885 | $7,886 |
* 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.