Welcome to this move in ready tastefully modernized colonial at 41 Lincoln Avenue in Saugus Massachusetts! This home is ready for your growing family with 3 spacious bedrooms, 3 full baths, office space for your WFH family members and conveniently located less than one block from MBTA Bus Line for Boston commuters. Primary suite includes his and hers closets and connected primary bathroom. Mudroom and laundry located conveniently on first floor. Modern kitchen with stainless steel appliances, island, and pantry. Large recreational room in the basement perfect for home gym or children's playroom. New HVAC systems in 2021, fully fenced in yard, new rear patio, gated driveway, and ample off street parking. Recent Updates - Water heater 2022, Front and Side Doors 2024 (includes warranty), Replacement Windows 2014, Gas Range 2024. Modern amenities such as Nest Thermostats and Ring Doorbell cameras will all be transferred with the sale. Open House January 4th and 5th 11-1pm. Offers due Jan 6
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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 | $571,999 | $571,999 | $571,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $503 | $503 | $503 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,806 | $3,802 | $4,904 |
Total Monthly Payment | $4,401 | $4,397 | $5,499 |
* 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.