2nd chance for this affordable 1 bedroom corner unit perfect for buyers seeking comfort and convenience, or investors-at the lowest price imaginable! Yes it's a 1/2 flight down but offers a bright living space with abundant light from windows in bath, living room and bedroom. You get kitchen, bath and flooring updates already done. Comfortable corner bedroom fits a king bed and has ample closet space. Enjoy the ease of quick access to major routes, and this PET FRIENDLY complex has its own DOG PARK! Amenities for this quiet unit include PARKING, LAUNDRY steps away from unit and it's super walkable within the safety of the condo community. There is an on-site management company. Located just MINUTES from I93. HOA fee includes heat and hot water! Schedule a viewing today to experience all it has to offer! Colonial Dr condos must be purchased with CASH or 20% down with Non-Qualified Mortgage due to association master insurance policy deductible amount. Ask LA for details.
Type | Description | Dimensions | Level |
---|---|---|---|
Dining Room | Closet/Cabinets - Custom Built, Open Floorplan | 9.1 x 9.8 | First |
Kitchen | Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile | 9.9 x 7.4 | First |
Living Room | Closet, Flooring - Laminate, Open Floorplan | 12.2 x 15.0 | First |
Master Bedroom | Walk-In Closet(s), Flooring - Laminate | 11.5 x 11.7 | First |
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Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $191,200 | $191,200 | $191,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $220 | $220 | $220 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,272 | $1,288 | $1,639 |
Total Monthly Payment | $1,567 | $1,583 | $1,934 |
* 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.