Great price improvement. Welcome to this amazing affordable opportunity located at Kings View Condominium in the desirable Malden Forestdale area! This unit has been upgraded and features an open floor plan with new floors and high ceilings throughout, , wall AC, nice open kitchen, nice size bedroom with great natural lighting, beautifully tiled bath. Take advantage of this low condo fee of $298/monthly that includes heat & hot water, 1 car parking spot with an additional space available for a small fee. Steps away from common area, laundry facility and the inground pool. A commuter's dream to Oak Grove coupled with a short distance to the revitalized Malden Center with all the bars & restaurants it offers. Professionally managed, pet friendly complex. Pets allowed with restrictions. Why pay rent, when you can own it?
Type | Description | Level |
---|---|---|
Kitchen | Flooring - Laminate, Countertops - Stone/Granite/Solid, Recessed Lighting | First |
Living Room | Flooring - Laminate, Window(s) - Picture | First |
Master Bedroom | Closet, Flooring - Laminate, Window(s) - Picture | First |
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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 | $224,000 | $224,000 | $224,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $206 | $206 | $206 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,528 | $1,489 | $1,889 |
Total Monthly Payment | $1,809 | $1,770 | $2,170 |
* 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.