Open House SUN 12/8 11-12p! NEW CONSTRUCTION! Previous Boston. com Home Of The Week! 2 beautifully designed townhouse style units, both featuring 3 Bed 2. 5 bath & 2 car HEATED garages. Main levels feature open concept Kitchen /dining/ living room with fireplace, Designer kitchen cabinets, solid countertops with large peninsula & stainless steel appliances. 1/2 bath off entry. Hardwood flooring & designer finishes throughout. Large sun-filled primary suite with vaulted ceilings, lots of closet space, En-suite bath with designer slab tile radiant floor heat. Oversized garages under plus storage room, EV charger ready. Exclusive use composite deck/small patio & large common garden/yard. Additional amenities including: security intercom. High quality, energy efficient construction includes: Foam insulation, Slateline shingles, Andersen 400 windows, Heat pump heating, Hybrid DHW, Super conveniently located close to train and Downtown Salem.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,529,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,223,920 | $1,223,920 | $1,223,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $621 | $621 | $621 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,240 | $7,837 | $10,411 |
Total Monthly Payment | $7,986 | $8,583 | $11,157 |
* 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.