562 Main, Medford (Tufts University), MA, Massachusetts, property flyer

562 Main, Medford (Tufts University), MA, 02155 | $1,099,000

Tremendous Opportunity! An amazing 2 family in the best area of Medford. Close to Tufts and West Medford. Very large 2 Family with great tenants and a possibility for an owner occupied unit as well. The first floor offers high ceilings, hardwood flooring, A granite modern Kitchen and an updated bathroom with in unit laundry. The second floor is a 2 level townhouse style unit with 4 bedrooms and a huge Granite kitchen with beautiful hardwood flooring throughout, high ceilings and lots of natural light. The location is hard to be beat with a plethora of dining options around, easy walk to numerous public transportation options, parks and nature just a short walk away.

Features

Town: Medford
Rooms: 11
Bedrooms: 7
Baths: 2 full

Units: 2
Year Built: 1910
Approx Sq. Feet: 2,679
Acreage: 0.16

Est. Taxes: $8,798
Lot Desc: Corner Lot
MLS#: 73378935
Website: https://www.raveis.com
/prop/73378935/562main_medford_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.
Listing by Ron Ifrah courtesy of Longwood Residential, LLC Phone: 617-396-3100

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

Market your home to realize a quick sale at the best possible price
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Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

562 Main, Medford (Tufts University), MA, 02155

$1,099,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$879,200	$879,200	$879,200
Term	360 months	360 months	180 months
Initial Interest Rate**	5.875%	6.625%	6.375%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.761%	6.764%	6.560%
Monthly Tax Payment	$733	$733	$733
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$5,201	$5,630	$7,598
Total Monthly Payment	$6,059	$6,488	$8,456

* 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.