Legal two (2) family victorian on large lot (see attached document, plot plan, proposed elevation for possible 6 condo unit conversion and proposed floor plan). Property sold AS IS. Seller makes no claims or warranties regarding the usability of the land or ability to obtain building permits. Buyer and buyer agent must do their own due diligence in regards to verifying utilities such as water, sewer, electricity and gas as well as building codes, permits, zoning and potential use. The home is vacant and was most recently used as a single family. This property is located in the much sought after Ashmont area of Dorchester. The property is located within a short walk to Ashmont T Station. New hardwood floors, new appliances, 5 bedrooms, 3 bathrooms. The lot is ideally situated for a 6 units condo conversion with parking spaces. A must see.
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$960,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $768,000 | $768,000 | $768,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | $143 | $143 | $143 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,301 | $4,666 | $6,326 |
Total Monthly Payment | $4,536 | $4,901 | $6,561 |
* 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.