260 Pittsfield Rd, Lenox, MA, 01240 | $215,000

Welcome to an exceptional investment opportunity in the heart of Lenox! This completely renovated 1-bedroom condo at Lennox Heights offers not only modern living in a picturesque setting but also a secure and stable income stream. With a current tenant paying $2, 000 per month and a lease running until July 15, 2025, with an option to renew, this property promises continued financial returns. Enhanced by updated electrical and plumbing systems, and set within a community that boasts a private pool and tennis courts, this condo stands out as a prime addition to any investment portfolio.

Features

  • Parking: Off Street
  • Heating/Cooling: Hot Water
  • Amenities: Landscaped,Tennis Court,Pool,On Site Mgr
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Year Built: 1070
  • Approx Sq. Feet: 670
  • Est. Taxes: $988
  • Elem. School: Morris
  • High School: Lenox Memorial
  • MLS#: 243999
  • Days on Market: 113 days
  • Website: https://www.raveis.com
    /prop/243999/260pittsfieldrd_lenox_ma?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Birch Properties

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

260 Pittsfield Rd, Lenox, MA, 01240

$215,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $172,000 $172,000 $172,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.412%
Monthly Tax Payment $82 $82 $82
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,173 $1,143 $1,463
Total Monthly Payment $1,330 $1,300 $1,620

* 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.