Presented byEugene Diaz-ElGordo |
Attention Developers, Real Estate investors or owner occupied buyers, beautiful two family home overlooking the city of Boston in the up and coming city of Chelsea, Property boast a oversize lot and lot next door 10-14 Lafayette Ave Chelsea, Lots of possibilities with this property, property can be access from Lafayette ave and Franklin Ave please see pics for lot plot plan. While going for zoning approval for a possible 6 -8 unit condo building enjoy this beautiful two family with 4 floors of living with spectacular views of Boston, three car garage and much more. Unit one with a large 3 bed 2 bath unit all hardwood floors 2 levels of living huge living room and kitchen area. Unit 2 also has 2 levels of living with 2 bedrooms on the 3rd floor , kitchen living room and office space on 2nd floor or could be used as a small third bedroom or for a nursery. Both Heating systems less than 3 years old Tankless IBC boilers roof less than 2 years old
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$960,000
Sales Associate
William Raveis Real Estate
Phone: 978.918.0826
Eugene.DiazElGordo@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $768,000 | $768,000 | $768,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.790% |
Monthly Tax Payment | $567 | $567 | $567 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,666 | $5,045 | $6,743 |
Total Monthly Payment | $5,325 | $5,704 | $7,402 |
* 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.