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Available Sep-1. Beautifully updated 2 bedroom, 1 bath apartment on the 1st floor of a classic (1910) Somerville two-family home, with 1, 100 sq. ft. and within walking distance of Davis Square and Tufts. The apartment has original hardwood floors, wood detail, updated bathroom, large living room, and dining room with built-in hutch. Kitchen is recently upgraded with a stainless refrigerator, stove, and dishwasher, quartz countertops, and a large walk-in pantry. The two bedrooms are good size with closets and fans. Fantastic, convenient location, nestled on a quiet tree-lined street near Teele Square and Tufts; a short 5-minute walk to the bus, and walking distance to Davis Square amenities and transportation. Large front porch, shared back garden, private laundry and storage space in the basement, and off-street tandem driveway parking for one car is included. 1y lease. Tenant application, credit check/references, 1st/last month rent, half month security deposit required for move-in.
| Type | Description |
|---|---|
| Laundry | In Building |
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,125
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 | $2,500 | $2,500 | $2,500 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.760% | 6.902% | 6.118% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $15 | $16 | $21 |
| Total Monthly Payment | $90 | $91 | $96 |
* 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.