5 Lamson Place, #1, Cambridge (Central Square), MA, 02139 | $499,000

This has to be the most charming unit one could hope to find, tucked down a private way off of Essex Street, just a couple blocks from Central Sq. This home features Mexican tile in the living room, beautiful wide pine flooring in the kitchen, in-unit laundry, an updated bathroom and off-street deeded parking. Tons of fabulous built-ins, exposed brick walls, bead board and beamed ceilings, southern exposure and full windows. Though not a "true bedroom", the sleeping alcove, which fits a queen bed, is all you'll need. While only 474 sq ft, this unit is exceptionally well laid out and feels so much larger. Small association with both of the other units owner-occupied. This is the very best mix of charm and location!!! Open Houses: Saturday, 11/2 and Sunday, 11/3 from 12: 00 - 1: 30 both days.

Features

  • Town: Cambridge
  • Parking: 1-car, Off Street, Deeded
  • Heating: Baseboard
  • Cooling: Other
  • Levels: 1
  • Amenities: Public Transportation, Shopping, Park, Bike Path, Highway Access, Public School, T-Station, University
  • Rooms: 2
  • Baths: 1 full
  • Laundry: In Unit
  • Complex: 5 Lamson Place Condominium Trust
  • Year Built: 1873
  • Common Charge: $190 Monthly
  • Approx Sq. Feet: 474
  • Est. Taxes: $2,673
  • MLS#: 73308582
  • Website: https://www.raveis.com
    /prop/73308582/5lamsonplace_cambridge_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 David Cahill courtesy of Century 21 Cityside   Phone: 617-262-2600

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NMLS Mortgage Loan Originator ID 81725

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5 Lamson Place, #1, Cambridge (Central Square), MA, 02139

$499,000

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 $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $223 $223 $223
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,656 $2,653 $3,367
Total Monthly Payment $2,954 $2,951 $3,665

* 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.