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You must see this recently updated home in Merrimac's Village District! Perfect for those starting out or someone looking to downsize. The overall layout offers flexibility with a coveted 1st floor bedroom and full bath. The dining room could also be a study/home office. Spend time in the family room just off the kitchen, which is large enough to accommodate an eat in table. For convenience the laundry is also on the first floor. The 2 Bedrooms on the upper level feature cedar closets and share a new bathroom. Enjoy outdoor time on the composite deck or the shaded patio in the back of the house. Some "Big Ticket items" have been addressed. Several windows are new, as are the engineered floors throughout. A portion of the roof is new as well
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Cedar Closet(s), Flooring - Vinyl | Second |
| Bedroom 3 | Cedar Closet(s), Flooring - Vinyl | Second |
| Dining Room | Flooring - Vinyl | First |
| Family Room | Flooring - Vinyl | First |
| Kitchen | Flooring - Vinyl, Gas Stove | First |
| Laundry | Dryer Hookups in Unit, Washer Hookups in Unit | |
| Master Bedroom | Closet, Flooring - Vinyl | First |
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Our Executive Mortgage Banker:
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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 | $2,560 | $2,560 | $2,560 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.902% | 6.118% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $16 | $17 | $21 |
| Total Monthly Payment | $91 | $92 | $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.