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Located in an established Springfield neighborhood, this single-family home offers a practical layout and great potential for first-time buyers, investors and others. The interior features functional living spaces with classic design elements and large windows that bring in steady natural light. A spacious kitchen provides ample cabinet storage and room for everyday meal prep, transitioning easily into the adjacent dining area. The bedrooms are comfortably sized, offering cozy private retreats. The semi-finished basement is a bonus with nontraditional options. Outside the property includes an extremely manageable yard, and off-street parking on a freshly paved driveway leading to the detached two-car garage adding essential urban convenience. Positioned just minutes from American International College and Springfield College, local parks, shopping, and public transit, this home provides a central location with easy access to major commuter routes like I-91, Route 20, I-291 and of course the Masspike.
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Second | |
| Bedroom 3 | Second | |
| Bedroom 4 | Second | |
| Laundry | In Basement, Washer Hookup | |
| Living Room | First | |
| Master Bedroom | First |
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William Raveis Real Estate
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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 |
|
|---|---|---|---|
| Loan Amount | $219,920 | $219,920 | $219,920 |
| 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% | 6.098% |
| Monthly Tax Payment | $205 | $205 | $205 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,354 | $1,426 | $1,841 |
| Total Monthly Payment | $1,634 | $1,706 | $2,121 |
* 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.