Welcome to this charming 3-bedroom, 1. 5-bathroom single-family rental home located in a desirable neighborhood in Reading, MA. This well-maintained cape offers comfortable living with spacious rooms and a functional layout. Situated in a prime location, it’s minutes to both train and bus stations, making commuting easy and convenient. Enjoy the close proximity to Reading’s vibrant town center, filled with shops, restaurants, and local amenities, as well as nearby schools, ideal for families. This home offers a blend of comfort and convenience, perfect for anyone looking to settle in a welcoming community. Move-in ready and available starting 11/1/2024, this home also includes off-street parking, central heating, and additional storage. Pets allowed with restrictions. First month’s rent, last month’s rent, and a $500 security deposit required. Good credit important.
Type | Level |
---|---|
Bedroom 2 | First |
Bedroom 3 | Second |
Dining Room | First |
Kitchen | First |
Living Room | First |
Master Bedroom | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,800 | $2,800 | $2,800 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $19 | $19 | $24 |
Total Monthly Payment | $94 | $94 | $99 |
* 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.