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Bridgeview Condos in Tyngsborough, FHA approved, high owner occupancy ratio

By
Managing Real Estate Broker with Scott Gregory Group

This is a great complex. It has a great ownership ratio, it is FHA approved, the condo fee is low you can have a dog, a gas grill on your deck, all units have a washer dryer on the unit as well as new AC units.

Considering renting?? I took the 2 bedroom price of 109K , assumed a 5% down payment FHA loan ($5450.00) and FHA rate of 6.0%. The $992 is about the rental rate for a 2 bedroom in Tygsborough not to mention your tax benefit for interest and taxes paid. YOu can even leverage the new tax credit of $7500 from uncle Sam.

Payment Summary
  Principal & Interest: $620.83   PMI: $60.00   Condo/HOA Fees: $212.00   Taxes: $100.00   Total Monthly Payment: $992.83

 MLS # 70809069 was used for this example.

For more details e mail me !!

5 Bridgeview Circle, Tyngsborough, MA Property Information $109,900 <!-- td><b><mce:script type="text/javascript"><! document.write(formatPrice("109900")) // --> 2 bedrooms, 1 baths 5 Bridgeview Circle 731 sq. ft., acres Tyngsborough, MA  01879 MLS#70809069
Two bedroom Garden style Condo in Bridgeview Park. This condo features hardwood floors, recess lighting, washer and dryer hook up in unit, central air, and deck. Plus easy access to Route 3. Possible 100% USDA financing available.
    Property Specifics Year Built: 1991 Property Type: Condo/Townhouse, Condo Style: Garden

Posted by

Scott Strang

Broker Owner

Scott Gregory Group Inc.

www.scottgregorygroup.com

Office Phone: (978) 664-2828
Cell Phone:    (617) 312-6717

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Show All Comments Sort:
Anonymous
Fred Doleac

Scott, - great informational post.  Do you have a picture?  Maybe a mapped location?  Fred at RE/MAX Country Properties, NH Real Estate  You could view this listing at Virtualhomesmls.com and information about Tyngsborough MA real estate through the Virtual Homes network.

Nov 23, 2008 10:36 AM
#1
Anonymous
Fred Doleac

Scott, - great informational post.  Do you have a picture?  Maybe a mapped location?  Fred at RE/MAX Country Properties, NH Real Estate  You could view this listing at Virtualhomesmls.com and information about Tyngsborough MA real estate through the Virtual Homes network.

Nov 23, 2008 10:36 AM
#2
Scott Strang
Scott Gregory Group - North Reading, MA
Licenced RE Broker and Realtor Office in MA&NH

Thanks Fred.

Nov 23, 2008 11:05 AM