Turtle Pine Village – Kingston, MA

Turtle Pine Village

A private developer, Champion Builders, Inc. and officials of the Town of Kingston have collaborated to provide this affordable housing opportunity in Kingston, MA. The development is in accordance with the Department of Housing and Community Developments’ Local Initiative Program – Local Action Units (“LIP-LAU”).  This development consists of 36 (thirty-six) townhouse condominiums. There will be 5 (five) homes designated as affordable and sold to buyers whose incomes are at or below 80% of the area median income.

Turtle Pine Village is located at 138 Main Street in Kingston close to Route 3, Kingston Commuter Rail and the Indian Pond Golf Course.  It takes less than 10 minutes to drive to the elementary, middle and high school. The homes will be situated on 25.2 acres of land.  The placement of the homes in a friendly village setting will create a neighborhood setting onto itself.  The site is approximately 36 miles from downtown Boston, MA

The affordable homes will be sold at the initial sales price of $234,200.  When completed these homes will be designated as affordable and sold to first time homebuyers whose incomes are at or below 80% of the area median income.

The townhouses will have 2 bedrooms and 1½ baths.  The homes will have town water, natural gas and a wastewater treatment system.

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 $90 or $95 will be approximate $1,757. This estimate is determined using a 4.50% interest rate. It is more likely that your bank interest rate would be closer to 3.50% which would substantially decrease your payment by approximately $110.

Deadline to submit applications is Jan 14^th 2020