This cozy newly renovated apartment is located in the first-floor unit of a 2-family. The unit consists of an open concept living, dining, and kitchen area, one bedroom, one bathroom, and an office space that could be used as a second bedroom. The entire unit was fully renovated less than two years ago which includes a new layout, hardwood floors, LED lighting, new granite countertops with an island that seats 3, a new closet, new appliances and a new environmentally friendly heating/ cooling system. The bathroom has been renovated as well less than 1 year ago. The unit includes free parking space in front of the house, storage in the basement, and a beautiful backyard surrounded by nature. Near the property, we have a park with newly built tennis courts and accessible bikes for public use. We are 5 minutes away from the closest bus stop as well 10-minute walk from the Wights Pond (access available only to Medford residents) and hiking trails in the Middlesex Reservation.
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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 | $2,000 | $2,000 | $2,000 |
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 | $13 | $13 | $17 |
Total Monthly Payment | $88 | $88 | $92 |
* 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.