Excellent opportunity to purchase this building in the desirable city of Quincy and convert to a stunning two-family. Located close to I-93 and minutes to East Milton Square and set in a prime location. Built in 1911 as a residential dwelling with all the charm of that era, set on a 0. 15 acre lot with 2, 926 sq ft of living space. Later it was transfigured to an office building and then a day spa. The first floor consists of a spacious foyer, living room with a fire place and grand staircase, along with two rooms and a half bathroom. The second floor has three additional rooms and a full bathroom. The third floor features two rooms for a master suite. The finished lower level offers two rooms and a half bath with rear access to the 10 vehicle parking area. A unique property with great architectural features, crown moulding, high ceilings and endless possibilities. Quick access to Interstate 93, multiple MBTA stations and Quincy’s beautiful beaches
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Our Executive Mortgage Banker:
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$1,400,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $1,209 | $1,209 | $1,209 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,012 | $6,625 | $9,226 |
Total Monthly Payment | $7,346 | $7,959 | $10,560 |
* 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.