BACK ON MARKET: Existing Title issue resolved. Charming 1-Bedroom, 1-Bathroom Condo in the Heart of Brighton. Step into this cozy gem at 7 Commonwealth Ave, Unit #5, where potential meets possibility! This delightful unit is just waiting for your magic touch. Yes, it needs some kitchen renovations and a bit of cosmetic love, but imagine the transformation! With deeded parking and a spot in a well-maintained building, you’ve got a fantastic base to create your dream home. And the location, Simply unbeatable! Just a hop, skip, and a jump from the Green Line, minutes to BC and BU, and right near the vibrant Allston Center. Picture yourself sipping coffee in the morning sun or hosting friends in your refreshed space. A little TLC, and this condo could be everything you’ve been dreaming of. Don't miss out on making this your own charming haven!
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Our Executive Mortgage Banker:
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$398,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $318,400 | $318,400 | $318,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $341 | $341 | $341 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,065 | $2,039 | $2,644 |
Total Monthly Payment | $2,481 | $2,455 | $3,060 |
* 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.