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Welcome to 501 Commerce Drive, a sophisticated and elegant penthouse unit. This condo spans 1, 040 sq. ft. and is thoughtfully designed offering a perfect blend of modern convenience and upscale living. Featuring an open concept layout with cathedral ceilings, 2 spacious bedrooms with walk-in closets and 2 well-appointed bathrooms. The stunning kitchen features stainless steel appliances, granite countertops, white cabinetry and recessed lighting that seamlessly connects to the dining and living areas. Enjoy the convenience of in-unit laundry. This top floor unit features an outdoor deck overlooking the lush landscaping and offers a wonderful way to unwind after a long day. The complex amenities include: an outdoor swimming pool with hot tub, club room, fitness center and putting green. Ideally positioned near major highways, the Braintree T (red line), and commuter rail stations and within close proximity to shops and restaurants. Don't miss this rare opportunity!
Type | Description | Dimensions |
---|---|---|
Bedroom 2 | Closet, Flooring - Laminate, Wainscoting | 10.7 x 9.8 |
Dining Room | Flooring - Laminate, Lighting - Pendant | 12.3 x 9.3 |
Kitchen | Flooring - Laminate, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Peninsula | 13.3 x 10.8 |
Living Room | Cathedral Ceiling(s), Flooring - Laminate, Balcony / Deck, Cable Hookup | 11.1 x 14.3 |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Flooring - Vinyl | 15.5 x 9.7 |
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:
$475,000
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 | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $345 | $345 | $345 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,402 | $2,496 | $3,181 |
Total Monthly Payment | $2,822 | $2,916 | $3,601 |
* 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.