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Great opportunity for a phenomenal location in Lexington. Great for buyers looking to decorate to their personal taste or for developers. Large 12, 897 sq ft lot with deep backyard over 300 feet from front of lot. Hardwood floors in most rooms. First floor open layout has living room, dining room and kitchen and front and back porches. Second floor has bedrooms with windowed closets and full bath. Two car driveway. Full basement with a separate back exit. Oil heat and continuous hot water plus hookups for washer/dryer and gas. Town plows sidewalk to nearby Bridge Elementary, Clarke Middle School, and Lexington High. Near Lexington center, Route I-95/128, 2, 2A, etc. Very near bus stop to Alewife on Marrett Road, Old Reservoir's swimming and fishing, and Hayden Woods trails. Offers due April 16 at 5pm.
Type | Level |
---|---|
Bedroom 2 | Second |
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:
$890,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $712,000 | $712,000 | $712,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
Monthly Tax Payment | $899 | $899 | $899 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,099 | $4,559 | $6,105 |
Total Monthly Payment | $5,090 | $5,550 | $7,096 |
* 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.