240 Martins Landing, #204, North Reading, MA, 01864 | $469,900

Martins Landing is North Reading’s premier 55+ community! Move right in without having to wait for construction. This pristine and like new Jenson style unit offers an open concept style of living perfect for entertaining. Enjoy cooking in the kitchen which has a large center island, stainless steel appliances, pantry with closet system by Closets By Design, all open to the living room featuring custom curtains, hardwood floors and your own private balcony. Large bedroom with custom curtains and Closets By Design walk in closet. Full bath with walk-in shower. Bonus room with French doors and custom built-in cabinets and desk makes perfect home office or den. In unit laundry room with storage. Relax on your private balcony. Martin's Landing is a secure adult community and has elevators in all the buildings. Amenities include a walking trail and clubhouse featuring fitness center, outside patio and grilling area, and multipurpose room for social events. Easy living!

Features

  • Parking: 2-car, Common
  • Heating: Central, Natural Gas
  • Cooling: Central Air, Individual, Unit Control
  • Levels: 1
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Conservation Area, House of Worship, Adult Community
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Electric Dryer Hookup, Washer Hookup, First Floor
  • Complex: Martins Landing
  • Year Built: 2021
  • Common Charge: $363
  • Approx Sq. Feet: 955
  • Est. Taxes: $5,459
  • Pet Policy: Yes w/ Restrictions
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
  • MLS#: 73324293
  • Website: https://www.raveis.com
    /prop/73324293/240martinslanding_northreading_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Evelyn Rockas courtesy of Coldwell Banker Realty - Lynnfield   Phone: 781-334-5700

Room Information

Type DescriptionDimensionsLevel
Dining Room First
Kitchen Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances12.0 x 14.0First
Living Room Flooring - Hardwood, Balcony - Exterior, Open Floorplan, Slider14.0 x 14.0First
Master Bedroom Walk-In Closet(s), Flooring - Wall to Wall Carpet12.0 x 15.0First

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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978-337-3053

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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240 Martins Landing, #204, North Reading, MA, 01864

$469,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $375,920 $375,920 $375,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.295% 6.538%
Monthly Tax Payment $455 $455 $455
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,501 $2,533 $3,223
Total Monthly Payment $3,031 $3,063 $3,753

* 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.