Introducing a prime development opportunity for 31-39 W Wyoming Ave, Melrose— a fully approved project designed for modern living in a highly desirable location. The proposed plans include the demolition of the current one-story structure and the construction of a sleek, four-story building featuring 27 residential units and 1 commercial space. Melrose stands out as a commuter-friendly neighborhood, offering excellent access to major routes like Rte. 93 and Rte. 1. Melrose features three MBTA commuter rail stations on the Haverhill line, providing convenient options for daily travel. Additionally, nearby bus lines and the MBTA Orange Line stations at Oak Grove and Malden Center make commuting to Boston effortless.
31-33 W Wyoming Ave, Melrose, MA, 02176
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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