Welcome to Melrose, named a top pick on the list of ‘Hottest zip codes in America’ in recent past years! The property borders a tree-lined downtown historic district with (5) five civic buildings and abundant small shops. Melrose features entertainment at Memorial Hall, Melrose Symphony Orchestra and community events like the Annual Victorian fair, Christmas celebration, Halloween downtown walk, summer stroll and arts festival. Managed by the Massachusetts Department of Conservation and Recreation, there’s a gigantic, water-laced reservation a minute or two west of downtown Melrose. The Middlesex Fells (Lynnfells) Reservation comprises several active and inactive reservoirs, two of which continue to feed metropolitan Boston’s waterworks. The largest of these is Spot Pond, a haven for boating and fishing. The 2,200 hiking acres traverse the southern part of the reservation through portions of Malden and Medford.
2-4 Bradford Park, Melrose, (Melrose Highlands), MA, 02176
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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