Coveted two-bedroom and two-bathroom unit rarely available in the Lincoln House Condominiums. Conveniently located within close proximity to Davis and Porter Squares, this elegant unit has spacious rooms with soaring ten-foot ceilings, 1096 square feet of living space, large windows and a well laid out floor plan. The living area shares an open wall with a view to the galley style kitchen. The master bedroom suite has a sizable walk-in closet/dressing room with a full tiled bathroom. The second bedroom has an ample sized closet, large window and can easily accommodate a queen sized bed. There is also a second full bathroom equipped with a washer dryer. Additional features include central heating and air-conditioning, a storage locker, one parking space, a lovely landscaped courtyard and shared roof deck. This home awaits your personal touch!
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Wall to Wall Carpet | First |
Kitchen | Flooring - Stone/Ceramic Tile, Lighting - Overhead | Main,First |
Living Room | Flooring - Wall to Wall Carpet, Open Floorplan | Main,First |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Dressing Room | Main,First |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $692,000 | $692,000 | $692,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | $144 | $144 | $144 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,875 | $4,205 | $5,700 |
Total Monthly Payment | $4,111 | $4,441 | $5,936 |
* 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.