Nestled in the sought-after 1010 Memorial Drive, this 3-bed, 3-bath, 1, 870 SF home offers a rare opportunity in a premier doorman building. This 100% owner-occupied, professionally managed cooperative is known for top-tier maintenance and security. Perched on a high floor along a rare bend in the Charles River, it boasts stunning views of the river, Harvard playing fields, Boston skyline, and western suburbs. A large double balcony faces east and south, while floor-to-ceiling windows flood the space with light. The layout includes a primary suite with en-suite jacuzzi bath and radiant heat floors, an open-concept living/dining room, and a spacious kitchen with quartz countertops. The monthly fee covers real estate taxes, heat, AC, water, master insurance, 24-hour concierge, and more. Ideally located near Harvard Square, the Red Line, Mass Pike, and Route 2. Showings M-F, 9-4. No open houses or weekend showings - Showings by appointment only, starting the week of March 24th.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,000,000
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 | $2,400,000 | $2,400,000 | $2,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.659% | 6.487% | 6.309% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,816 | $14,973 | $20,415 |
Total Monthly Payment | $13,941 | $15,098 | $20,540 |
* 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.