Sunny updated one-bed unit with ocean views, large balcony, and dedicated parking located directly on Lynn Shore Drive across from the beach. This floor plan is positioned with Southern exposure to take in natural light all day long with oversized windows and a large balcony with room for a table and several chairs. Explore nearby King's Beach, Red Rock Park, Nahant beaches, Swampscott shopping, and the Lynn commuter rail a half-mile away. This professionally managed building comes with one deeded outdoor parking space #112 for the unit, common laundry room, secured access, a guest intercom system, and tidy lobby. Lynn Shore Drive is popular for those looking to live within commuting distance to Boston and love having access to the beach, water, or boardwalk that stretches from Nahant to Swampscott. Buyers choose the 300 Lynn Shore Drive Condominiums specifically because of the sense of community and pride of ownership that shows throughout.
Type | Level |
---|---|
Bedroom 2 | First |
Dining Room | First |
Kitchen | First |
Living Room | First |
Master Bedroom | First |
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $267,920 | $267,920 | $267,920 |
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 | $264 | $264 | $264 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,738 | $1,716 | $2,225 |
Total Monthly Payment | $2,077 | $2,055 | $2,564 |
* 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.