Cherry Hill Condominiums! This multi-level unit has a wonderful layout with the 1st floor featuring a mudroom, a laundry room with storage and a separate utility room. The 2nd level has an updated kitchen with granite countertops and an oversized living room/dining room combo with lots of natural light and sliders that lead to the private balcony, which overlooks green space. 2nd level also has large primary sweet with custom closet and 2nd slider to private balcony. The 3rd level features a full bath and the 2nd bedroom with a second custom closet. Additional features include central air, a new heating system, new hw heater, elevator in complex, plenty of parking/guest parking and minutes to Rt 128 and all that Beverly has to offer! Wonderfully maintained condo in a great complex. Don't miss this amazing unit in a great location! Nothing to do, but move in. Enjoy this tranquil setting in Beverly's coastal community.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Flooring - Wall to Wall Carpet, Recessed Lighting | 11.0 x 11.0 | Third |
Dining Room | Flooring - Hardwood, Open Floorplan, Recessed Lighting | 12.0 x 11.0 | Second |
Kitchen | Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Recessed Lighting, Remodeled | 9.0 x 11.0 | Second |
Living Room | Flooring - Hardwood, Open Floorplan, Recessed Lighting, Slider | 12.0 x 11.0 | Second |
Master Bedroom | Flooring - Hardwood, Recessed Lighting | 15.0 x 11.0 | Second |
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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 | $335,920 | $335,920 | $335,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $312 | $312 | $312 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,320 | $2,263 | $2,857 |
Total Monthly Payment | $2,707 | $2,650 | $3,244 |
* 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.