RESALE UNIT – 39 Copper Lantern Drive, Plymouth

This development is in accordance with the Executive Office of Housing and Livable Communities’ Local Initiative Program (“LIP”).  The development consists of a total of 30 (thirty) units. There is 1 (one) RESALE UNIT designated as affordable and sold to buyers whose incomes are at or below 80% of the area median income.

Sandy Pines is located on Copper Lantern Drive off Little Sandy Pond Road.  The condominium home has 2 Bedrooms and 1.5 Baths. The home has forced hot air, central air conditioning and will include appliances.  Appliances to be included in the sale are the refrigerator, stove/oven, microwave and dishwasher.

The affordable resale condominium will be sold at the sales price of $319,000 with monthly condominium fees of $60 per month. It is estimated that the total monthly cost of your mortgage payment including Principal, Interest, Real Estate Taxes, Private Mortgage Insurance (PMI), Hazard Insurance and condo fee will be approximately $2,524.00 for the 2-bedroom condominium.  This assumes a 30-year fixed rate mortgage at current rates with a 5% down payment.  You cannot rely on this estimated amount.  It is only an estimate.  Your actual mortgage payment may be different based on the actual interest rate and other factors.  You should verify your actual mortgage payment with your lender and or accountant.  This monthly mortgage payment is pre-tax and does not include the tax advantage of home ownership.  To determine your net expense post tax you should consult with your accountant or tax advisor.