Perfectly located 1 Bedroom condo in an ideal commuter location just minutes to Route 93/95 in the much sought-after North Reading Colonial Condominiums. This home has been lovingly cared for and is absolutely MOVE-IN-READY. Highlights include an OPEN CONCEPT floor plan, new carpets, a beautiful kitchen with GAS COOKING, an updated bathroom and an EXCLUSIVE OUTDOOR PATIO. The low condo fee of $316 INCLUDES HEAT, hot water, snow removal, parking and laundry facilities! All of this in a self-managed, PET FRIENDLY building with plenty of reserves. Close to everything you need - shops, parks, walking trails, coffee, schools (both public and private), public transportation and too many great restaurants to list. Nothing to do but unpack and enjoy worry free living at its finest!
Type | Description | Dimensions | Level |
---|---|---|---|
Kitchen | Ceiling Fan(s), Flooring - Laminate, Dining Area, Countertops - Stone/Granite/Solid, Gas Stove, Lighting - Pendant | 10.0 x 15.0 | First |
Living Room | Closet, Flooring - Wall to Wall Carpet, Exterior Access, Slider | 14.0 x 19.0 | First |
Master Bedroom | Closet, Flooring - Wall to Wall Carpet | 13.0 x 17.0 | First |
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Our Executive Mortgage Banker:
Our Insurance Division:
$284,900
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 | $227,920 | $227,920 | $227,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $256 | $256 | $256 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,385 | $1,385 | $1,801 |
Total Monthly Payment | $1,716 | $1,716 | $2,132 |
* 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.