Beautifully renovated, historic, large 3BR + 1 bath second floor unit in downtown Medford. Highly desirable area of town, walk to stores, restaurants, theater, library, city offices, Mystic River, Fells Reservation. In-unit laundry, off-street parking, access to yard and storage. Close to Tufts, public transportation, expressway access. Walk or short rideshare to countless restaurants in neighboring areas and easy access to downtown Boston. This historic home has 9ft ceilings, large windows, oak floors, radiators (hot water heat), and other architectural features characteristic of Victorian era homes. This unit has 3 bedrooms, with one bedroom having a large bonus room attached that is perfect for a home office or nursery. One bedroom is attached to the living area by double glass doors and could be used as extra living space if only two bedrooms are desired. Alternatively, the bedroom with private front balcony access could be used as a living area. There is approximately 2000 sq. ft
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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 | $3,400 | $3,400 | $3,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.171% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $23 | $23 | $29 |
Total Monthly Payment | $98 | $98 | $104 |
* 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.