BOM, BUYERS COULD NOT SECURE FINANCING. Opportunity awaits with this multi-family home close to the Milton line! This spacious 2 family house have identical layouts with two bedrooms and 1 bath in each unit. This charming home offers incredible potential with solid foundation, but requires some cosmetic updates and modernizing touches to fully shine. Perfect for a handy homeowner looking to add their personal style. The property has a paved driveway for 2 cars and plenty off street parking. Very spacious and open feel as you walk through the home. First floor has a front porch and a brand new deck off the kitchen. Full basement with 3 extra rooms. The furnace is about 15 years old, water heaters are relatively new. Heating was converted to gas in 2021. Walking distance to Mattapan Square, Blue Hill Ave. , Ashmont-Mattapan Trolley MBTA, and Commuter Rail and Public School. Close distance to Highway, shopping, dining, and the Boston Public Library Mattapan Branch.
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William Raveis Real Estate
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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 | $661,200 | $661,200 | $661,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.748% | 6.474% | 6.036% |
Monthly Tax Payment | $526 | $526 | $526 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,754 | $4,125 | $5,535 |
Total Monthly Payment | $4,372 | $4,743 | $6,153 |
* 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.