Welcome to 55 Meyer Lane, Medford! This exceptional 3-bedroom, 2-bathroom home is a true gem, blending classic charm with modern sophistication. Originally expanded with thoughtful design, it features a spacious open floor plan, stylish finishes, and abundant natural light. The master suite includes a generous closet space and an elegant en-suite bathroom with a whirlpool tub. Enjoy the convenience of 300 Amp electrical service, accommodating all your needs with ease. The home has leased solar panels with approximately 11 yrs left on the lease. The living room is spacious. A well-appointed kitchen with stainless steel appliances and a large island to seat your quests while preparing meals. Separate Laundry Area. The basement has an outside entrance to the yard. The yard is fenced for privacy and is surrounded by mature plantings. With its combination of quality, comfort, and a prime location, this home is a must-see. Don't miss the opportunity to make it yours!
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Our Executive Mortgage Banker:
Our Insurance Division:
$539,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $431,200 | $431,200 | $431,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $444 | $444 | $444 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,869 | $2,866 | $3,697 |
Total Monthly Payment | $3,405 | $3,402 | $4,233 |
* 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.