Welcome to your new home with a monthly payment lower than rent, or consider it as an investment property! Just bring your belongings and move in! This beautifully maintained 1-bedroom condo in Dorchester, MA, with parking, offers a unique layout designed to maximize space, providing plenty of storage options. The condo features a bedroom, a spacious bathroom, and a large open space for the kitchen and living room/entry room. Freshly painted with new screens installed. Located on Neponset Ave, this prime location offers parking and is just a few minutes' walk from Stop & Shop and a 15-minute drive from UMass Boston, making it perfect for professionals or investors. The HOA includes water, heating, and hot water, with the owner responsible for electricity and internet. Don't miss out on this amazing opportunity to own a piece of Dorchester! This condo won't be on the market for long. Sold AS IS.
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Our Executive Mortgage Banker:
Our Insurance Division:
$305,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $244,400 | $244,400 | $244,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.282% | 6.623% |
Monthly Tax Payment | $237 | $237 | $237 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,647 | $1,647 | $2,112 |
Total Monthly Payment | $1,959 | $1,959 | $2,424 |
* 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.