Welcome to this charming, light-filled loft at the historic 1850 Lofts, a boutique building in the SoWa neighborhood of the South End. This spacious one bedroom loft, one bathroom home features an open concept floor plan, high ceilings, & the exposed brick and beams that have become synonymous with Boston lofts. The kitchen offers granite countertops and stainless steel appliances, including a dishwasher. The 1850 Lofts is a professionally managed, elevator building that includes bike storage. Located close to Whole Foods, Tatte & some of the South End's best restaurants. Easy access to the Silver Line, the Mass Pike, I-93, and all that the SoWa district has to offer. The SoWa district is famous for the SoWa Open Markets, often hosting farmers markets and a variety of food trucks, home decor show rooms, state-of-the-art fitness centers, the SoWa Power Station with year-round community events, and more trendsetting additions joining the neighborhood each day. PARKING AVAILABLE FOR RENT!
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $294 | $294 | $294 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,041 |
Total Monthly Payment | $3,574 | $3,571 | $4,427 |
* 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.