3 bed/2. 5 bath duplex condo available for rent, w/ parking, in the thoughtfully constructed Emerson Lofts. Upon entry you are greeted by the vast open kitchen/living room with bamboo flooring, wall to wall windows, exposed brick accent walls, and high ceilings, with beautifully exposed wooden beams. The Kitchen is sleek and modern with stainless steel appliances, ample counter space, and plenty of cabinetry. Primary suite with full bath and large walk in closet abut the living room. Half bath, and in unit laundry complete the first floor. An elegant floating staircase leads to the lower level which features two additional bedrooms and a full bath. Added unit bonuses include, a nest thermostat and energy efficient windows. Building features include, a common outdoor patio, a bike rack, elevator, and keypad entry system. 14 minute walk to Davis Sq via Somerville Community Path and close walk to Alewife station via the Alewife linear path. Close drive to Whole Foods, Trader Joe’s and CVS
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $3,840 | $3,840 | $3,840 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $26 | $26 | $32 |
Total Monthly Payment | $101 | $101 | $107 |
* 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.