19 Cross Street, Somerville, MA, 02145 | $899,000

East Somerville opportunity! This solid 2/3 family property has been well cared for by the same family for almost 30 years. First floor owner's unit offers a large living room and eat in kitchen plus 3 bedrooms and a bath. Second floor apartment has the same layout plus 2 more bedrooms in the attic. Basement was finished as an "in-law" apartment with large kitchen, 2 rooms and a 3/4 bath, in addition to a large storage area utility room and laundry. Yard space has a porch, deck and private patio space, great for entertaining. Property to be delivered vacant after many years of great rental income! Close to trendy and developing Lower Broadway in East Somerville with great access to Sullivan Square and Union Square with Orange and Green Line stations. Also very accessible to O"Brien Highway and Route 93. Permit and metered parking plentiful in this area. Open Houses Friday, 4/11 - 11: 30am to 1pm and 4 to 5: 30pm, Saturday, 4/12 - 11: 30am to 1pm and Sunday 4/13 - 12 to 1: 30pm

Features

  • Amenities: Public Transportation, Shopping, Public School
  • Rooms: 15
  • Bedrooms: 8
  • Baths: 3 full
  • Units: 2
  • Year Built: 1900
  • Basement: Full, Finished, Walk-Out Access
  • Approx Sq. Feet: 2,897
  • Acreage: 0.06
  • Est. Taxes: $10,374
  • Lot Desc: Level
  • MLS#: 73358134
  • Website: https://www.raveis.com
    /prop/73358134/19crossstreet_somerville_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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Our Insurance Division:

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19 Cross Street, Somerville, MA, 02145

$899,000

Kate Carpluk

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 631.838.7608

Kate.Carpluk@Raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.625% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.712% 6.764% 6.435%
Monthly Tax Payment $865 $865 $865
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,197 $4,605 $6,167
Total Monthly Payment $5,153 $5,561 $7,123

* 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.