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Presented by
Sabrina Carr - Sabrina Carr Group |
111 Foster St, #309, Peabody, MA, 01960 | $259,000
Why rent when you can own! Start building equity in vibrant Peabody, just minutes from historic Salem & all that the coveted North Shore has to offer. Enjoy the benefit of attractive utility rates & low taxes in this centrally-located community near major routes, restaurants & shopping. This spacious and well-maintained one-bedroom unit in Tannery Gardens offers a warm & inviting oversized living/dining area that flows seamlessly into the kitchen, featuring young appliances, ample cabinets & counter space. This unit is comfortable enough to entertain & then unwind in the large bedroom with a generous closet. Sunlight fills this charming home, which also includes a newer HW tank (2019), wall AC (2023), updated wood laminate flooring (2017) & plenty of storage. An elevator building, 1 parking space, guest parking & the option to rent an additional space all add to the appeal of this condo. Don’t miss this fantastic opportunity!
Features
- Parking: 1-car, Under, Carport, Off Street, Common, Guest, Available for Purchase
- Heating: Electric Baseboard
- Cooling: Window Unit(s)
- Levels: 1
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Laundry: Off-Site
- Complex: Tannery Gardens
- Year Built: 1988
- Common Charge: $376 Monthly
- Approx Sq. Feet: 692
- Est. Taxes: $1,925
- Pet Policy: Yes w/ Restrictions
- Appliances: Range, Disposal, Refrigerator, Range Hood
- MLS#: 73307644
- Buyer Broker Compensation: 2.00%
- Website: https://www.raveis.com
/raveis/73307644/111fosterst_peabody_ma?source=qrflyer
Room Information
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Kitchen | Flooring - Laminate | 9.0 x 11.0 | First |
| Living Room | Flooring - Vinyl, Flooring - Wood | 12.0 x 20.0 | First |
| Master Bedroom | Flooring - Laminate, Flooring - Wood | 15.0 x 10.0 | First |
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Sabrina Carr - Sabrina Carr GroupLuxury Properties Specialist
781.775.2895
Sabrina.Carr@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 38342
978.314.1072
Joanne.OKeefe@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
111 Foster St, #309, Peabody, MA, 01960
$259,000
Sabrina Carr - Sabrina Carr Group
Luxury Properties Specialist
William Raveis Real Estate
Phone: 781.775.2895
Sabrina.Carr@raveis.com
Joanne O'Keefe
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
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 | $207,200 | $207,200 | $207,200 |
| 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 | $160 | $160 | $160 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,379 | $1,377 | $1,777 |
| Total Monthly Payment | $1,614 | $1,612 | $2,012 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630