This is a COOP and not a CONDOMINIUM. There is no Deed. Ownership is SHARES in the Community. The Unit is further offered as a MODERATE value unit and subject to final approval by NORTHRIDGE HOMES COOPERATIVE, INC. to purchase (see FIRM REMARKS) . The monthly common area fee is to be determined by Northridge Homes Cooperative, Inc . Brand NEW WINDOWS, CENTRAL AC. Brand new Pickleball courts on site! Highly sought after location at Northridge as abuts wooded area. Original Owner selling. Interior Improvements and updates included as per Northridge Homes Cooperative Handbook. All expenses except electricity and cable included in the monthly fee. CASH ONLY sale. NO PETS but Service Dogs allowed only with approval.
93 Northridge Road, #93, Beverly, MA, 01915
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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