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This delightful home, nestled off of the street on a private lot, has modern updates and timeless charm. A welcoming farmer's porch leads from the level front yard or driveway to an entryway or mudroom. The newly painted eat-in kitchen features quartz countertops and stainless steel appliances, while the spacious living and dining area showcases panel molding, brick wall, and built-in corner hutch. Upstairs are two ample bedrooms, the larger has multiple closet systems and the perfect space for a king-sized bed. Recently renovated full bathroom with handsome vanity, tile, and wainscoting. The lower level has fresh paint, flooring, and a bedroom with great lighting. Additional basement amenities include a laundry area, workshop, and cedar closet. Located in desirable East side of Melrose, just a few blocks from Melrose Common, it's an easy walk to parks, downtown, and the Commuter Rail. Roof, hot water heater, mini-split AC, and more are 5 years or younger; ready to move-in and love!
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Our Executive Mortgage Banker:
Our Insurance Division:
$735,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $588,000 | $588,000 | $588,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $544 | $544 | $544 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,620 | $3,863 | $4,883 |
Total Monthly Payment | $4,256 | $4,499 | $5,519 |
* 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.