Just steps away from the heart of Davis Square, one of the city’s most vibrant neighborhoods! This charming 8 room, 5 bed, 1. 5 bath home, built in 1886, is nestled on a picturesque residential side street surrounded by high-end homes. It features a 2-car detached garage w/additional parking for 3 cars, a rear yard & abuts the Bike Path. While the property needs some updating, it boasts solid construction w/vinyl siding, hardwood floors hidden beneath the carpets on the first floor, bay windows & nearly 9-foot ceilings on both the 1st & 2nd floors. Additional highlights include a wood-burning fireplace, replacement windows, Burnham boiler(2016), hot water tank(2019), gas heat & hot water, & a spacious 19x8 enclosed front porch. This property is perfect for a contractor looking for a flip or an end user ready to build instant sweat equity. Enjoy the many bars & restaurants offering a wide variety of cuisines & a thriving cultural scene. The home is assessed at $1, 124, 900 & being Sold As-Is
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Ceiling Fan(s), Flooring - Vinyl | 12.0 x 12.0 | Second |
Bedroom 3 | Flooring - Vinyl, Lighting - Overhead | 8.0 x 9.0 | Second |
Bedroom 4 | Ceiling Fan(s), Flooring - Wood | 13.0 x 16.0 | Third |
Dining Room | Ceiling Fan(s), Flooring - Wall to Wall Carpet | 11.0 x 12.0 | First |
Kitchen | Bathroom - Half, Flooring - Vinyl, Exterior Access, Gas Stove, Lighting - Overhead | 12.0 x 15.0 | First |
Living Room | Ceiling Fan(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Window(s) - Picture | 15.0 x 17.0 | First |
Master Bedroom | Ceiling Fan(s), Flooring - Vinyl, Window(s) - Bay/Bow/Box, Window(s) - Picture | 14.0 x 17.0 | Second |
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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 | $799,200 | $799,200 | $799,200 |
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 | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $986 | $986 | $986 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,475 | $4,856 | $6,583 |
Total Monthly Payment | $5,553 | $5,934 | $7,661 |
* 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.