RARE opportunity to own one of Newton Corner's grand oversized two-family Victorian's after 40 years! This magnificent SW facing home on a corner lot boasts 9' ceilings with original crown molding, sun filled rooms, large windows, generous living space, hardwood floors, original Victorian gas lamp fixtures, detached 2 car garage with 2 additional tandem spots, new patio, & fenced in yard. Minutes from the MA Pike, train/bus to Boston, Newton Schools, Universities, shopping & more. Unit 1 totals 1, 799+ sf. Primary bedroom features a gas fireplace. Brand new eat-in kitchen with granite counters, stainless appliances & induction stove. Laundry in unit. Unit 2 totals 2, 200+ sf. Large living room with glass French doors leading to formal dining room. Large eat in kitchen with bonus sunroom for cozy breakfast nook. 11 closets for great storage. 3rd floor bedrooms feature original wide pine floors. Large laundry room. House has long & successful rental history. Potential for condo conversion!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,789,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,431,999 | $1,431,999 | $1,431,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,311 | $1,311 | $1,311 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,019 | $8,701 | $11,796 |
Total Monthly Payment | $9,455 | $10,137 | $13,232 |
* 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.