EXCEPTIONAL UNIT AT A PRIME LOCATION! Two-Level 1, 700+ sq. ft spacious apartment available now! Students are welcomed! Furnishing is optional at no additional cost. On the Medford/Somerville line includes numerous upgrades such as new appliances, renovated bathrooms, and recessed lighting. It features in-unit laundry, permit street parking, and a bus stop directly in front of the property, offering a 9-minute ride to Davis Square via the 94 bus. Situated on the second and third floors of a two-family building, the second floor comprises three bedrooms, one full bathroom, a living room, kitchen, office/study, and ample closet space. The third floor includes two bedrooms, one full bathroom, a second living/dining room, and a kitchenette equipped with a microwave, mini fridge, and counter space. The spacious apartment is located across from the Medford Public Library, approximately 0. 3 miles from Whole Foods, and 0. 6 miles from Tufts University.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,500
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 | $3,600 | $3,600 | $3,600 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $24 | $24 | $31 |
Total Monthly Payment | $99 | $99 | $106 |
* 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.