This stunning, tri-level 2019 new-construction Prospect Hill townhome offers a central location that can’t be beat! The main floor opens into living/dining area, gourmet chef’s kitchen w/ Thermador appliances, deluxe cabinetry and granite countertops, flowing seamlessly into a tasteful living room with stone mantle gas fireplace. Upstairs has laundry & 2 large bedrooms, each with full baths. The vaulted master features 2 walk-in closets and stunning en-suite bath w/ glass enclosed rain shower. The basement adds a bed, full bath & guest area - an ideal in-law suite, playroom, or gym. High-end finishes include wide-plank hardwood floors, dual zone HVAC, & Sonos. Functional attic & basement storage, an exclusive outdoor patio area, and 2 reserved off-street parking stalls complete this exceptional property in a small, friendly, 4-unit HOA with low fees. A perfect Somerville location steps away from the Green Line, schools, shopping & restaurants. This may be the one!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $869 | $869 | $869 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,389 | $6,915 | $9,187 |
Total Monthly Payment | $7,383 | $7,909 | $10,181 |
* 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.