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This is the opportunity to get into downtown Newburyport at an attractive price. Presenting this first-floor cozy and comfortable 1-bedroom condo in the heart of the north end, close to Cashman Park, the waterfront, the rail trail, and all that downtown Newburyport has to offer. This unit has been remodeled and updated in 2023. It is a pet-friendly association and provides the ability to be rented for 6+ months at a time, providing great investment potential. Additional amenities include an exclusive-use patio, a designated parking spot, convenient in-building laundry, and basement storage. This is the largest unit in the association. Open houses are scheduled for Saturday, 04/05, 12-1: 30 and Sunday, 04/06, 12-1: 30. Private showings to start immediately.
Type | Description | Level |
---|---|---|
Kitchen | Flooring - Vinyl, Dining Area, Pantry | Main,First |
Living Room | Flooring - Wall to Wall Carpet | First |
Master Bedroom | Closet, Flooring - Wall to Wall Carpet | First |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$379,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,920 | $303,920 | $303,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.303% | 6.510% |
Monthly Tax Payment | $240 | $240 | $240 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,921 | $2,048 | $2,606 |
Total Monthly Payment | $2,236 | $2,363 | $2,921 |
* 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.