From high rise condominiums in the heart of Boston to tiny cabins in the White Mountains of New Hampshire, the New England real estate market never ceases to amaze us. Curious about what it would cost to live in these jaw dropping properties? We’ve got you covered!
Palatial Estate in Quincy
Address: 94 Crabtree Rd, Quincy, MA
List Price: $4,440,000
Listing Team: Success! Realty
If you’ve ever envisioned a sprawling estate on the water that’s just a ten mile commute from the city this is the property for you. At nearly 4.5 million, this property doesn’t come cheap, even a 10% down payment would get you an entire house in most of Massachusetts. But say you did have a spare $444,000 laying around for this property, here’s what your mortgage might look like:
Down Payment: $444,000
Estimated Property Taxes: $53,724 per year ($4,477/month)
Estimated Home Insurance: $18,648 per year ($1,554/month)
Estimated Monthly Mortgage Payment Including Taxes & Insurance: $37,317
Stunning Boston Penthouse
Address: 1 Franklin Street Unit 3701, Boston, MA
List Price: $2,795,000
Listing Team: Company Realty
Ten miles from Boston too far for you? This 2 bedroom penthouse inside Millennium Tower hits the market just under $2.8 million. If the price tag doesn’t scare you off the HOA fee might at $2,044 per month. Even with a 50% down payment the unit comes in higher than any rental currently on the market in the city.
Down Payment: $1,397,500
Estimated Property Taxes: $26,671 per year ($2,222/month)
Estimated Home Insurance: $11,739 per year ($978/month)
Estimated Monthly Mortgage Payment Including Taxes & Insurance: $14,750
Car Lovers Berkshire Dream
Address:554 Sheffield Egremont Rd, Sheffield, MA
List Price: $1,575,000
Listing Team: William Sotheby’s
Car lover or not, this hillside estate has some of the most beautiful mountain views you’ll find in Massachusetts. With multiple price reductions it’s possible you could get this property for even less than it’s $1.575 million asking price, making it the most affordable million dollar listing in this week’s wrap up. At $1.5 million and a 25% down payment you might be able to squeak by under $10,000 a month.
Down Payment: $375,000
Estimated Property Taxes: $16,500 per year ($1,375/month)
Estimated Home Insurance: $6,300 per year ($525/month)
Estimated Monthly Mortgage Payment Including Taxes & Insurance: $9,766
Bayside Colonial You Can’t Miss
Address:83 Summer St, Hingham, MA
List Price: $1,895,000
Listing Team: Jack Conway Realty
If the palatial estate in Quincy was just a smidge out of your price range, perhaps this more affordable bayside listing in Hingham could be an option. Listed just under $1.9 million this nearly 5,500 square foot property back into Hingham Harbor. A twenty percent down payment here could have your monthly payments sneaking in under $14,000 each month!
Down Payment: $379,000
Estimated Property Taxes: $25,014 per year ($2,085/month)
Estimated Home Insurance: $7,959 per year ($663/month)
Estimated Monthly Mortgage Payment Including Taxes & Insurance: $13,872
