Welcome to the New Essex home at Washington Station, Canton. Phase II has now been released for sale with an early 2025 delivery timeframe. This pre-construction mid-rise building will consist of 4 stories, with elevator access and both underground and potential of outside parking spaces. The Essex home is 1, 471 square feet featuring 2 bedrooms and 2 and a half baths. Luxury finishes include: Bosch appliance package, your selection of cabinetry colors in kitchen and vanities, hardwood flooring, quartz countertops in kitchen and in baths along with luxurious tiles in the walk-in showers, bath floors and laundry room, which also includes a full size stackable washer/dryer. Carpets in both bedrooms. Opportunities for additional finishes are available. Finishes are pre-selected by the interior designer. All homes will have a balcony to enjoy the sights and sounds of the outdoors.
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Lighting - Overhead | First |
Dining Room | Flooring - Hardwood, Open Floorplan, Recessed Lighting | First |
Kitchen | Flooring - Hardwood, Countertops - Upgraded, Kitchen Island, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Overhead | First |
Living Room | Closet, Flooring - Hardwood, Window(s) - Picture, Balcony / Deck, Cable Hookup, Open Floorplan, Recessed Lighting, Lighting - Overhead | First |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Cable Hookup, Lighting - Overhead | First |
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William Raveis Mortgage, LLC
Phone: 508.944.8218
Bob.Flynn@raveis.com
NMLS Mortgage Loan Originator ID 6314
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $591,920 | $591,920 | $591,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,938 | $3,888 | $4,992 |
Total Monthly Payment | $4,030 | $3,980 | $5,084 |
* 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.