7 Longwood Drive, #207, Andover, MA, 01810 | $329,000

A rare find at the Andover Terrace, this second-floor two-bed, two-bath condo offers high ceilings, large windows, in-unit laundry, A/C, and a quiet, private setting with reserved parking (#55) directly in front of the building and plenty of guest parking close by. There is front-to-back natural light throughout, and both bedrooms are generously sized with great closet space! The primary features an ensuite 3/4 bathroom and walk-in closet. Freshly painted throughout. In the basement there is storage and additional common laundry. The monthly HOA fee covers heat, hot water, water/sewer, and more - keeping monthly expenses predictable. Only in-house cats, birds, and fish are permitted; dogs are not allowed. Ideally located near Whole Foods, Market Basket, restaurants, coffee shops, the YMCA, Andover Center, Merrimack College, Routes 114, 28, and 495, and approximately 25 miles from Boston, this is a smart option for investors or anyone looking to secure a home in this prime location!!

Features

  • Parking: 1-car, Off Street, Assigned, Guest, Paved
  • Heating: Baseboard, Natural Gas, Unit Control
  • Cooling: Wall Unit(s), Individual, Unit Control
  • Levels: 1
  • Amenities: Public Transportation, Shopping, Park, Highway Access, Private School, Public School, T-Station, University
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Flooring - Wall to Wall Carpet, First Floor, Common Area, In Building, In Unit
  • Complex: Andover Terrace
  • Year Built: 1961
  • Common Charge: $714 Monthly
  • Approx Sq. Feet: 1,143
  • Est. Taxes: $3,970
  • Pet Policy: Yes w/ Restrictions
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • MLS#: 73544909
  • Website: https://www.raveis.com
    /prop/73544909/7longwooddrive_andover_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Kailyn Mccormack courtesy of Coldwell Banker Realty - Andovers/Readings Regional   Phone: 978-475-2201

Room Information

Type DescriptionDimensionsLevel
Bedroom 2 Closet, Flooring - Wall to Wall Carpet12.3 x 12.3First
Kitchen Flooring - Stone/Ceramic Tile, Lighting - Overhead9.0 x 12.0First
Laundry Flooring - Wall to Wall Carpet, First Floor, Common Area, In Building, In Unit5'7"X2'0"
Living Room Flooring - Wall to Wall Carpet19.4 x 19.0First
Master Bedroom Walk-In Closet(s), Flooring - Wall to Wall Carpet14.0 x 15.4First

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Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@raveis.com

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7 Longwood Drive, #207, Andover, MA, 01810

$329,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $263,200 $263,200 $263,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.866%
Monthly Tax Payment $331 $331 $331
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,576 $1,662 $2,168
Total Monthly Payment $1,982 $2,068 $2,574

* 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.