46 Simpson, #A, Somerville (Davis Square), MA, 02144 | $3,500

Gut renovated, first floor 2 bed, 1 bath apartment available for September 1st, 2024.   The renovation brought the building down to the studs and owners updated everything - from insulation and new walls to all electrical, plumbing, and HVAC - while maintaining the original floors from 1910.  The apartment includes two sizable bedrooms with large windows and plenty of natural light and a single bathroom updated with modern finishes. The common area is also full of light and includes a modern and efficient kitchen (with stainless steel appliances, plenty of cabinet storage, and a large pantry) as well as an open layout that can flexibly fit your dining and living room needs. Laundry machines are located in an 85 sq. ft. private basement that includes space for storage. Additionally, tenants will have access to a shared front deck, shared back yard space, and dedicated rear deck.

Features

  • Type: Apartment
  • Town: Somerville
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full
  • Approx Sq. Feet: 910
  • Pet Policy: Yes w/ Restrictions
  • Lease Term Type: Term of Rental(12)
  • MLS#: 73296590
  • Website: https://www.raveis.com
    /prop/73296590/46simpson_somerville_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Adams & Co. Team courtesy of Real Broker MA, LLC   Phone: 855-450-0442

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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46 Simpson, #A, Somerville (Davis Square), MA, 02144

$3,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $2,800 $2,800 $2,800
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $19 $19 $24
Total Monthly Payment $94 $94 $99

* 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.