Berkley Meadows in Berkley, MA
Berkley Meadows consists of 12 (twelve) Lots consisting of 22 Duplex Condominiums and 1 (one) Single-Family Home SFH) lot with one SFH.
There will be 7 Affordable Units and will be a colonial style that is 3-Bedrooms, 1.5 Bath and is approximately 1440 sq ft. The units will have town water and a shared septic system. All of the appliances and heating equipment will have high efficient ratings.
The affordable homes will be sold at the initial sales price of $268, 300. When completed these units will be designated as affordable and sold to first time homebuyers whose incomes are at or below 80% of the area median income.
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 fees of $50 will be approximately *$2,198. This estimate is determined using a *7.01% interest rate.