197 Lake Street, #20, Weymouth, MA, 02188 | $315,000

Discover affordable living at its finest in this charming 1BR condo. Situated in a quiet community, this cozy yet stylish space offers modern comfort. Step inside to find an inviting open layout flooded with natural light, featuring tasteful finishes and direct access to the private yard space. The efficient kitchen is equipped with stainless steel appliances and ample storage, perfect for home-cooked meals. Retreat to the cozy bedroom with a custom closet space and plenty of room for storage. The updated bathroom offers functionality with a touch of elegance. This unit has had many updates over the years and is turn-key. Whitmans Pond is nearby and is great for summertime fishing or kayaking. With its convenient location near public transportation, grocery stores and local amenities, this condo is an ideal option for a first time home buyer or for down sizing.

Features

  • Parking: 1-car Off Street, Assigned, Deeded, Driveway, Paved
  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: In Unit, Electric Dryer Hookup
  • Year Built: 1985
  • Common Charge: $344
  • Approx Sq. Feet: 632
  • Est. Taxes: $2,609
  • Pet Policy: Yes w/ Restrictions
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • MLS#: 73228735
  • Website: https://www.raveis.com
    /raveis/73228735/197lakestreet_weymouth_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.

Room Information

Type DescriptionDimensionsLevel
Kitchen Closet, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Remodeled, Lighting - Overhead20 x 7Main,First
Living Room Closet, Flooring - Hardwood, Balcony / Deck, Remodeled, Slider, Lighting - Overhead20 x 12Main,First
Master Bedroom Ceiling Fan(s), Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Remodeled, Lighting - Overhead14 x 11Second

William Raveis Family of Services

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Erin FeeneyLuxury Properties Specialist

617.905.4499

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

Kate RockettVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@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

Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

Joel.Fanjoy@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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

197 Lake Street, #20, Weymouth, MA, 02188

$315,000

Erin Feeney

Luxury Properties Specialist

William Raveis Real Estate

Phone: 617.905.4499

Erin.Feeney@raveis.com

Kate Rockett

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $252,000 $252,000 $252,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.538%
Monthly Tax Payment $217 $217 $217
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,719 $1,675 $2,161
Total Monthly Payment $2,011 $1,967 $2,453

* 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.