Invest in Lowell’s future by investing in its history. Bachand Hall, aka the Stone House, built in 1824, site of the first town meeting in Lowell in 1826. (Davy Crockett was entertained here in 1834!) A tavern and hotel, it served many roles over the years. At one time, the home of patent medicine innovator J. C. Ayer, it is within the boundaries of the Lowell NHP. Its grounds, including a large lawn and in-ground pool, stretch from Pawtucket St to the river and the Northern Canal, with views of UMLowell N Campus. 15, 208 sq ft of living space, it is meticulously maintained by the current owners. Features include stunning fireplaces and original woodwork. The current layout includes several large common rms, 48 rms overall, 29 bedrms, each with sink, 11 baths, 2 kitchens and laundries. Lower level is partially finished with walk-out to the pool. Situated on a . 59 acre lot and zoned Traditional Multi-Use, (TMU), it will be conveyed with a 2nd lot with an additional 3600 sq ft of land.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,700,000
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 | $2,160,000 | $2,160,000 | $2,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,995 | $1,995 | $1,995 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,264 | $13,476 | $18,082 |
Total Monthly Payment | $14,384 | $15,596 | $20,202 |
* 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.