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Tired of the same old one bedroom condominiums in large complexes in Billerica? This is a unique opportunity to live in the ONLY residential unit in a complex with eleven units total, ten of them small businesses, which are closed at night. Charming layout with exposures to the North, South, East and West. Gets tremendous light throughout the day. Spacious bedroom with large closet, and plenty of room left for a sitting area. Livingroom is outfitted with ductless mini split, new in 2021. Newer kitchen with skylight, newer countertops, stainless appliances. Bath was redone quite recently as well, and shows in great condition. In unit washer/dryer combo. LARGE extra bonus space off the kitchen would make for a great home office, complete with skylight. Storage in the basement, and common parking out back. This is a unique situation perfect for individuals who want to be close to shopping areas, bus routes, and only 1. 8 Mi to the Lowell Line train station. Short drive to Rte. 3 / 495.
Type | Description | Level |
---|---|---|
Kitchen | Skylight, Flooring - Stone/Ceramic Tile, Remodeled, Stainless Steel Appliances, Washer Hookup | Second |
Living Room | Walk-In Closet(s), Flooring - Hardwood, Cable Hookup | Second |
Master Bedroom | Closet | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$259,000
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 | $207,200 | $207,200 | $207,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $178 | $178 | $178 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,344 | $1,396 | $1,777 |
Total Monthly Payment | $1,597 | $1,649 | $2,030 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.