Welcome to this multi-family use home off of Rte 1 in Saugus. Offering both a main living area & extended family space, this home provides versatile living options. The extended living area is thoughtfully designed w/ a full kitchen, bedroom, full bath, both main & private side entrance-ideal for guests or multi-generational families. Upstairs the spacious living room features large windows that fill the space w/ natural light. The kitchen, equipped w/ stainless steel appliances & an island, flows seamlessly into the dining room, which provides access to a large, fenced-in yard w/ a deck perfect for outdoor entertaining. The 2nd floor also includes 3 nice sized bedrooms & a full bath, w/ the primary bedroom featuring an ensuite bath. The first floor offers a large office & laundry room for added convenience. Ideally situated within walking distance of scenic walking & biking trails, as well as nearby reservation access, this home embodies the best of Saugus living!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead | 13.0 x 10.5 | Second |
Bedroom 3 | Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead | 9.4 x 14.5 | Second |
Bedroom 4 | Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Exterior Access, Recessed Lighting, Lighting - Overhead | 12.2 x 14.6 | First |
Dining Room | Flooring - Hardwood, Deck - Exterior, Exterior Access, Lighting - Pendant | 13.1 x 12.5 | Main,Second |
Kitchen | Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Dining Area, Kitchen Island, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead | 13.1 x 12.0 | Main,Second |
Living Room | Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead | 13.0 x 15.3 | Second |
Master Bedroom | Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead | 13.1 x 14.0 | Second |
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William Raveis Mortgage, LLC
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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 | $639,200 | $639,200 | $639,200 |
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 | $573 | $573 | $573 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,248 | $5,390 |
Total Monthly Payment | $4,918 | $4,913 | $6,055 |
* 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.