Just what you have been waiting for! Well-maintained Two Family in Hip Magoun Sq with Yard & 4 Car Parking. Concerned about Lead Paint? Not here It’s Lead-Compliant. This one checks all the Boxes. Move right into the freshly painted, Vacant First Floor with 2 BRs, Study, and Open LR/Eat-in Kitchen & Living Room, In-unit Laundry & Renovated Bathroom. 2nd Flr unit on two floors, 3 or 4 BRS, Study, Glorious Sun Drenched BR or Living Room, Eat-in Kitchen with In-unit Laundry and 2 Full Baths - Leased til 8/31/25 at $3, 300/month. Enjoy coveted, private 4 car driveway, along with a grassy fenced backyard, perfect for relaxation or entertaining. Steps to Green Line “T” & Community Bike Path Cool Eateries, Parks and more 90 Walkscore. Rare opportunity to establish your real estate portfolio and plant your roots in Somerville. Don’t miss out—Start building equity in the ‘Ville in 2025. Open Houses Thursday, Saturday and Sunday from 11-1: 00 with Offers Due Tuesday 1/28 at 11: 00am
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | $1,014 | $1,014 | $1,014 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,824 | $6,403 | $8,636 |
Total Monthly Payment | $6,963 | $7,542 | $9,775 |
* 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.