Looking for a FULLY FURNISHED home that is under a mile to Melrose-Wakefield Hospital or Less than 3. 5 miles to Winchester Hospital? How about a half mile to Melrose Highlands commuter rail or under 3 miles to the Oak Grove Orange Line? This contemporary meets mid-century modern gem in the ever-popular city of Melrose, with its quintessentially charming Main Street downtown, is a fantastic option. This home is superbly located near parks, grocery stores, public transportation, hospitals, schools, dining, and shopping. You have everything one could ask for, just mere minutes from the front door. The updated kitchen opens onto a generously sized dining area with incredible exposure, while the main living space is enhanced with dramatic cathedral ceilings and a gas fireplace. The soaking tub is a delightful end to any hectic day, and the rear yard is fully fenced to unwind in your own sanctuary. The home has central A/C to keep cool in the heat and a charming fireplace for winter nights.
Type | Description | Level |
---|---|---|
Bedroom 2 | Second | |
Bedroom 3 | Second | |
Dining Room | Flooring - Hardwood, Open Floorplan | First |
Kitchen | Breakfast Bar / Nook, Exterior Access, Open Floorplan, Remodeled, Gas Stove | First |
Living Room | Cathedral Ceiling(s), Flooring - Wood | First |
Master Bedroom | Second |
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Our Executive Mortgage Banker:
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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 | $3,520 | $3,520 | $3,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $23 | $23 | $30 |
Total Monthly Payment | $98 | $98 | $105 |
* 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.