Seller Offering $50, 000 towards rate 2: 1 buy-down! HUGE MONTHLY SAVINGS! Welcome to South Boston's Premier Penthouse, located at 35 Farragut Road. Direct Elevator access into your grand 3. 500 sq/ft, two level custom home that overlooks Castle Island to the east and Boston's Iconic skyline to the west. Expansive open kitchen featuring sleek quartz countertops, meticulously crafted custom cabinetry, and premium stainless steel appliances. The oversized breakfast bar seamlessly connects the kitchen to the inviting living and dining areas. Elegant primary with spa inspired en suite and walk in closet. The primary level of the home also includes a second bedroom and full bath, dedicated laundry room and additional closets. The upper level has two spacious bedrooms, two full bathrooms, a home office and an open family room/entertaining space equipped with a wet bar and a wall of glass doors that open to the Front deck. There are two additional outdoor spaces and roof rights. A MUST SEE
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,945,000
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 | $2,356,000 | $2,356,000 | $2,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.738% | 6.559% |
Monthly Tax Payment | $1,966 | $1,966 | $1,966 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,937 | $15,086 | $20,362 |
Total Monthly Payment | $16,028 | $17,177 | $22,453 |
* 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.