Three newly built townhomes available at 10 Mechanic Street in Newton Upper Falls. Each unit offers a unique floor plan and flexible living space, featuring bedroom suites on the main level. The primary suites boast cathedral ceilings with elegant shiplap detail. Sizes range from 2, 250 to 2, 550 sq. ft. Two units include 4 bedrooms and 3. 5 or 4. 5 bathrooms, and a 5-bedroom, 4. 5-bath unit. All homes feature beautiful hardwood floors, kitchens with Thermador appliances, quartz counters, and custom cabinetry, plus exclusive fenced yard space and deeded outdoor parking with EV hookup. Prices for units 12 and 14 to be announced soon. Close to Eliot T, Newton Highlands, and the recently renovated Pettee Square, offering shops and restaurants.
Type | Level |
---|---|
Bedroom 2 | First |
Bedroom 3 | Second |
Bedroom 4 | Second |
Dining Room | First |
Kitchen | First |
Master Bedroom | Second |
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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 | $1,268,000 | $1,268,000 | $1,268,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,100 | $7,705 | $10,445 |
Total Monthly Payment | $7,225 | $7,830 | $10,570 |
* 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.