Welcome to Unit 403 at The Ellery! A 1 bedroom gem in the heart of Southie's most exciting neighborhood. This spacious abode boasts a generous 660 sq feet of living space. Step inside to discover the perfect 1 bed, 1 bath retreat, complete with a private deck and a great layout that's both functional and stylish. The wide plank oak flooring and Calcutta quartz counters exude elegance, while the oversized cabinets and custom closets offer ample storage. With in-unit laundry, convenience is at your fingertips. But that's not all – this home is transit-oriented and located close to major highways, offering easy access to the city and beyond. Plus, the common terrace and kitchenette provide a great space to entertain and unwind. Situated in a prime location, this property is ripe for appreciation, making it an excellent investment opportunity. Whether you're a savvy investor or a discerning homeowner, this homw is ready to fulfill your urban living dreams.
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Our Executive Mortgage Banker:
Our Insurance Division:
$579,900
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 | $463,920 | $463,920 | $463,920 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,086 | $3,083 | $3,978 |
Total Monthly Payment | $3,178 | $3,175 | $4,070 |
* 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.