Overview
The 125 Trapelo Condominiums is a 41 unit complex located in Cushing Square in Belmont, MA. The building, which was built in 1963, is located on Trapelo Road. Of the 41 units, only 2 bedroom units will come with 1 deeded parking space.

Units & Pricing
Currently there are 5 units available through CENTURY 21 Commonwealth at 125 Trapelo Road in Belmont, MA. The condos start at $179,900 for a renovated 1st floor 1 bedroom condo and go up from there. The condos are either being sold as-is or with a roughly $25,000 upgrade package to look similar to the model unit (pictured below).
For more information on pricing, please email either Mark or John.
The monthly condominum fee will vary based on the size of the condo ranging from $290 to $397. That condo fee includes: Heat, Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping and Snow Removal

Area
The 125 Trapelo Condominiums are across the street from the 73 bus stop into Harvard Square or a longer walk to the Waverley Square Commuter Rail. In Cushing Square there are numerous eating options: Savino's, Kitchen on Common, Vicki Lee's, Brother's Pizza and more. There is a Starbucks and a Spirited Gourmet wine, beer and liquor store as well.

Bank of Canton - www.bankofcanton.com
BankFive - www.bankfive.com
Bristol County Savings Bank - www.bristolcountysavings.com
Cape Cod Five - capecodfive.mortgagewebcenter.com
Eastern Bank - www.easternbank.com
Fidelity Cooperative Bank - www.fidelitybankonline.com
First Easter Mortgage Corp - firsteastern.mortgagewebcenter.com
Greater Springfield Credit Union - www.grscu.org
Greenfield Co-Operative Bank - www.greenfieldcoopbank.com
Hampden Bank - www.hampdenbank.com
Legacy Banks - www.legacy-banks.com
Metro Credit Union - www.metrocu.com
Mortgage Financial, Inc - www.mfsinc.com
NE Moves Mortgage Corp - www.newenglandmoves.com
Polish National Credit Union - www.pncu.com
Rockland Trust Company - www.rocklandtrust.com
Salem Five Mortgage Company - www.salemfive.com
Saugus Bank - www.saugusbank.com
St. Anne's Credit Union - www.stannes.com
Winter Hill Bank, FSB - www.winterhillbank.com
Like any other program, there are restrictions involved with receiving this type of a loan package because it will be financed through MassHousing. There are income restritions and eligibilty restrictions for the program. Please click this link to see these guidelines on the MassHousing website.
Require lenders to show how the consumer's APR compares to the average rate offered to borrowers with excellent credit
Require lenders to provide final Truth in Lending Act disclosures at least three business days before loan closing

These changes will help the consumer to better understand every detail of their financing, while protecting them from the "at the closing table" increase in rates. The second bullet point is great, "Require lenders to show how the consumer's APR compares to the average rate offered to borrowers with excellent credit" because many consumers do not know how much poor credit affects their chances of securing low interest rates in their home purchase. There are many step one can do to increase their credit rating (and no, it does not take too long either).
In conclusion, these changes to the Truth in Lending Act should help consumers to set aside their fears of entering the mortgage world, because disclosures and transparency are becoming the name of the game.
FIREWORK DISPLAYS
July 3rdGloucester: 9:30 PM at The Harbor
Hingham: around 9 PM
Lexington: After Sundown at Center Playground,
Manchester-by-the-Sea: 8:30 PM at Singing Beach
Milford: 9 PM at Plains Park
Needham: Dark at Memorial Field
Orleans: Dusk at Rock Harbor
Sharon: 9:15 PM at Memorial Park Beach
Walpole: 9:00 PM at the field behind town hall
Weymouth: 9:30 PM on the waterfront
July 4th
Acton: 10:00 PM at NARA park
Barnstable: Dusk at Lewis Bay
Bellingham: 9:30 PM at the Football field
Beverly Farms: 9:00 PM at West Beach
Boston: 10:30 PM on the Esplanade
Falmouth: Dusk at the harbor
Marblehead: 9:00 PM at the harbor
Martha’s Vineyard: 9 PM in Edgartown
Nantucket: 9:00 PM off Jetties Beach
Newton: 9 PM at the Halloran Field and Sports Complex
Old Sturbridge Village: Dusk
Plymouth: 9:00 PM on the waterfront
Salem: 9:15 Pm at Derby Wharf
Wakefield: Dusk at North Avenue
Waltham: 9:30 PM at Leary Field
Wilmington:
Dusk on the common
THE RIVERBANK LOFT at 290 PLEASANT STREET in WATERTOWN, MA
Overview
The Riverbank Lofts is a complex of 56 condominiums in Watertown. The Riverbank Lofts are located at 290 Pleasant Street in Watertown, MA. The condominiums were constructed in 2006 in a building originally built as an office building and then converted into condominiums. Every unit comes with 2 deed parking spaces.
Units & Pricing
The units are all 1 bedroom or studio sized and range in size from around 621 square feet to 1,333 square feet. The units on the first floor have patios, while the back side of the building overlooks The Charles River. The original units came with washer and dryer included in the units, but resale units will obviously have the choice of keeping the washer and dryer if so desired. All units have 1 bathroom.
The monthly condominium fee ranges from the low $200's per month to the high $300's per month depending on size of the unit. The condo fee includes: Heat, Master Insurance, Elevator, Snow Removal, Refuse Removal.
Sales History
The number of sales over the last three years in MLS transactions has ranged from 4 year-to-date in 2008 to 32 in 2006.
Currently there are 4 condominium for sale at The Riverbank Lofts with an average list price of $342,166.33 and there is 1 unit that is currently Under Agreement that was listed at $350,000. For more information on the current listings or to be notified of any new listings at The Riverbank Lofts please email me at mark@smarthomesboston.com or call me directly at 617.448.9481.
Area
The Riverbank Lofts are located along the Charles River Bike Path, which leads all the way into Boston. It also has great access to the Mass Pike, Route 20 and more. With close access to Watertown Square's shops and restaurants this is a great commuter location.
Click Below to see my past Go Inside articles:
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved