The Villas at Lebaron Hills
A private developer and officials of the Town of Lakeville have collaborated to provide this affordable housing opportunity in Lakeville. The Villas at LeBaron Hills is an approved 52 condominium unit community, consisting of 4 buildings, of which 8 units will be designated as affordable and sold to first-time homebuyers with incomes at or below 80% of the area median income. Four units were sold PREVIOUSLY. THIS IS FOR THE REMAINING 4 UNITS IN 2 BUILDINGS.
The Villas at LeBaron Hills units will have 2 bedrooms and 1 bath. The units will have public water, natural gas and private septic systems. See all unit descriptions below. The sales price for the 2-bedroom units is only $222,200.
- Wollaston Unit – First floor, 2 bedrooms, 1 bath and basement
- Malibu Unit – Second floor, 2 bedrooms, 1 bath
- Winthrop Unit – Second floor, 2 bedrooms, 1 bath and garage
PLEASE NOTE: YOU DO NOT GET TO CHOOSE YOUR UNIT. APPLICANTS WILL SIMPLY BE OFFERED THE NEXT AVAILABLE UNIT WHEN THEIR FILE IS DEEMED ELIGIBLE.
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 Condominium Association will be approximately $1760. This assumes a 30-year fixed-rate mortgage at current Freddie Mac rate of plus .25% with a 5% down payment. You cannot rely on this estimated amount, this is only an estimate. Your actual mortgage payment may be different based on the actual interest rate, down payment, potential grants and other factors.