Nestled just a stone’s throw from the vibrant heart of Lake Quannapowitt and Downtown Wakefield, this newly minted luxury condominium with lake views invites you to redefine your home experience. Each corner of this home whispers bespoke luxury. This top floor penthouse unit boasts an open floor plan that marries the living area, highlighted by a chef’s dream kitchen with high-end Quartz countertops, custom cabinetry, and a professional gas stove centered around a stunning generous island. The residence offers 2 spacious bedrooms, with its own bath, additional 1/2 bath and a dedicated laundry room, ensuring functionality aligns with form. A private balcony offers a personal outdoor sanctuary, ideal for soaking in the lake views or enjoying a moment of quiet. a one-car garage and large storage area adds an extra layer of convenience. Welcome Home! Seller welcomes offers with requests for buyer concessions.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Bathroom - Full, Flooring - Hardwood, Decorative Molding | 10.0 x 14.0 | First |
Kitchen | Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead, Decorative Molding | 10.0 x 14.0 | First |
Living Room | Flooring - Hardwood, Balcony / Deck, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider, Decorative Molding | 21.0 x 21.0 | Main,First |
Master Bedroom | Bathroom - Full, Flooring - Hardwood, Decorative Molding | 12.0 x 14.0 | First |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $735,920 | $735,920 | $735,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,295 | $4,652 | $6,210 |
Total Monthly Payment | $4,387 | $4,744 | $6,302 |
* 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.