Cozy condo awaits you with newly remodeled bathroom of beautiful subway tile, vanity, and in-unit laundry. Flooded with natural light during the day & tons of wall space, allowing shelves for storage or art. The floor color makes the place feel warm. Perfect for anyone seeking their first home, downsizing, or doesn't want to deal with stairs or elevators. Facing the canal, this unit is quiet. In the heart of downtown Lowell, near art galleries, restaurants, independent coffee shops, live theater and concert venues and numerous city attractions. Pet friendly building. Canal Place 3 is situated near shops & conveniences, yet tucked away from the busy-ness of Market Street & is a short distance to UMass Lowell, Middlesex Community College, and the Hamilton Canal Innovation District. Commuters, enjoy the proximity to the Commuter Rail and easy access to the Lowell Connector, Route 3, 495 and 93. Offers due 12pm 12/17.
Type | Description | Dimensions | Level |
---|---|---|---|
Kitchen | Flooring - Laminate, Open Floorplan, Stainless Steel Appliances, Lighting - Overhead | 7.7 x 7.7 | Main,First |
Living Room | Flooring - Laminate, Open Floorplan | 10.8 x 16.6 | Main,First |
Master Bedroom | Closet, Flooring - Laminate | 8.7 x 13.0 | First |
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Our Executive Mortgage Banker:
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$234,900
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 | $187,920 | $187,920 | $187,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $171 | $171 | $171 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,266 | $1,249 | $1,585 |
Total Monthly Payment | $1,512 | $1,495 | $1,831 |
* 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.