Boston Realtor Mike Mahoney
Michael Mahoney
617-615-9435617-615-9435

Condos Under $225,000 in Norfolk County with Low Downpayments

Condos Under $225,000 in Norfolk County with Low Downpayments

I was recently exploring apartment rentals with a client in the area. The going rate for an apartment in the area is $1800.

How Much Money You Need to Rent an Apartment in Norfolk County

If you were to lease an apartment for $1800/month you would most likely need to come up with approximately $6000 between the first and last months rent and the security deposit.

You Can Purchase a Home for with Only $5,000 in Deposit

In a recent transaction, we were able to get a buyer into a home they now own now for deposit of only $5000. This is less than purchasing. In the example below, we will show you what a purchase may look like for you.

If you were to purchase a condo for $225,000 and make a 5% deposit (Please note - we can negotiate deposits as low as 3.5% and for veterans, we can get you into a home for no money down). 

I did a quick comparison to see what you could purchase for $225,000.

In the example below, you purchase a condo for $225,000. You make a deposit of 3.5% which $7,350 almost equivalent to 1st, last and security. You obtain a mortgage at 4.5%* The taxes on the unit we made the example below were just under $2300. We can help you find a condo like this very easily. We can even find it closed to where you currently live.

You can book an appointment with us to get started and we will find you a home that is equal to or less than what you pay in rent now.

 

 

 

 

 

In the example below, you can live in your very own place for less than you pay to your landlord. 

Sample Mortgage Payment on a Condo Purchased for $225,000

 

*Please note that I am not a lender is this is not an offer to make a mortgage. This an example for illustration purposes. Rates will vary from lender to lender. If you are looking for mortgage rates and programs, here are some local mortgage partners who do a nice job with educating clients and working in their best interest

Jason Evans - Guaranteed Rate

Thea Simolari - The Mortgage Network

Glenn Cira - Guaranteed Rate

See Homes & Condos in Norfolk County for Under 2k Per Month Below

Here are some great condos under $225,000. We can help you find options equivalent to what you are paying in rent with low money down options.


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  1. Photo of 12 Lakeshore Dr, Norfolk, MA 02056 (MLS # 72416780)
    30
    1 bed,  1 full, 1 half baths
    950 sqft   lot 9,370 sqft
    Walk Score® 41
    Listed with RE/MAX Executive Realty
    MLS 72416780
  2. Photo of 207 Station St, Stoughton, MA 02072 (MLS # 72444474)
    8
    Pre-Foreclosure
    or Short Sale
    2 beds,  1 full bath
    1,107 sqft   lot 13,500 sqft
    Walk Score® 42
    Listed with LAER Realty Partners
    MLS 72444474
  3. Photo of 70 South Main St., Bellingham, MA 02019 (MLS # 72516771)
    33
    3 beds,  1 full bath
    1,364 sqft   lot 24,657 sqft
    Walk Score® 38
    Listed with MAssachusetts Real Estate Group
    MLS 72516771
  4. Photo of 61 Broad Reach, Unit M11B, Weymouth, MA 02191 (MLS # 72518159)
    20
    3 beds,  2 full, 1 half baths
    1,576 sqft  
    Walk Score® 5
    Listed with Keller Williams Realty
    MLS 72518159
  5. Photo of 151 Bittersweet Ln, Unit 214, Randolph, MA 02368 (MLS # 72521523)
    13
    1 bed,  1 full bath
    660 sqft  
    Walk Score® 46
    Listed with Boston One Realty Group Inc
    MLS 72521523
  6. Photo of 4 Oak Rd, Norfolk, MA 02056 (MLS # 72525987)
    4
    2 beds,  1 full bath
    836 sqft   lot 8,000 sqft
    Walk Score® 4
    Listed with Keller Williams South Watuppa
    MLS 72525987
  7. Photo of 89 Pleasant St., Unit C 12, Medfield, MA 02052 (MLS # 72534683)
    14
    1 bed,  1 full bath
    830 sqft  
    Walk Score® 62
    Listed with Berkshire Hathaway HomeServices Page Realty
    MLS 72534683
  8. Photo of 26 Weybosset St, Weymouth, MA 02191 (MLS # 72534595)
    16
    1 bed,  2 full baths
    1,936 sqft   lot 3,600 sqft
    Walk Score® 47
    Listed with eXp Realty
    MLS 72534595
  9. Photo of 11 Weybosset Street, Weymouth, MA 02191 (MLS # 72534578)
    21
    2 beds,  1 full bath
    866 sqft   lot 2,600 sqft
    Walk Score® 51
    Listed with Blue Marble Group, Inc.
    MLS 72534578
  10. Photo of 17 Cypress, Wrentham, MA 02093 (MLS # 72534885)
    13
    2 beds,  2 full baths
    1,169 sqft   lot 5,619 sqft
    Walk Score® 10
    Listed with Berkshire Hathaway HomeServices Page Realty
    MLS 72534885
  11. Photo of 315 Neponset, Unit 52, Norwood, MA 02063 (MLS # 72536226)
    19
    2 beds,  1 full bath
    980 sqft  
    Walk Score® 27
    Listed with Berkshire Hathaway HomeServices N.E. Prime Properties
    MLS 72536226
  12. Photo of 196 Perry St, Unit 196, Stoughton, MA 02072 (MLS # 72537597)
    13
    Pre-Foreclosure
    or Short Sale
    3 beds,  1 full bath
    1,058 sqft  
    Walk Score® 62
    Listed with CUE Realty
    MLS 72537597
  13. Photo of 115 Walnut Street, Unit 4, Stoughton, MA 02072 (MLS # 72541455)
    12
    2 beds,  1 full, 1 half baths
    1,024 sqft  
    Walk Score® 78
    Listed with The Parshley Team - Real Estate
    MLS 72541455
  14. Photo of 35 Meetinghouse Road, Unit 35, Norfolk, MA 02056 (MLS # 72541761)
    22
    2 beds,  1 full, 1 half baths
    1,764 sqft  
    Walk Score® 36
    Listed with ERA Key Realty Services- Milf
    MLS 72541761
  15. Photo of 46 Nelson Dr, Unit 4, Randolph, MA 02368 (MLS # 72545254)
    25
    2 beds,  1 full bath
    735 sqft  
    Walk Score® 52
    Listed with LDS Realty Group, Inc.
    MLS 72545254
  16. Photo of 173 Highwood Dr, Unit 173, Franklin, MA 02038 (MLS # 72546102)
    8
    2 beds,  1 full, 1 half baths
    1,138 sqft  
    Walk Score® 41
    Listed with Real Living Realty Group
    MLS 72546102
  17. Photo of 37 Fountain Ln, Unit 6, Weymouth, MA 02190 (MLS # 72548076)
    13
    2 beds,  1 full bath
    930 sqft  
    Walk Score® 59
    Listed with Keller Williams Realty
    MLS 72548076
  18. 1 bed,  1 full, 1 half baths
    550 sqft   lot 5,293 sqft
    Walk Score® 15
    Listed with Four Points Realty
    MLS 72549207
  19. Photo of 6 Tara, Unit 1, Weymouth, MA 02188 (MLS # 72550508)
    13
    2 beds,  1 full bath
    928 sqft  
    Walk Score® 45
    Listed with Cameron Prestige, LLC
    MLS 72550508
  20. Photo of 2365 Central St, Stoughton, MA 02072 (MLS # 72550462)
    9
    Price Drop
    1 bed,  1 full, 1 half baths
    1,475 sqft   lot 21,048 sqft
    Walk Score® 67
    Listed with Keller Williams Realty Boston South West
    MLS 72550462
  21. Photo of 614 Pond, Unit 108, Braintree, MA 02184 (MLS # 72553663)
    16
    1 bed,  1 full bath
    770 sqft  
    Walk Score® 23
    Listed with Abigail Enterprises, LLC
    MLS 72553663
  22. Photo of 275 Neck St, Unit A-4, Weymouth, MA 02191 (MLS # 72554412)
    16
    2 beds,  1 full bath
    840 sqft  
    Walk Score® 52
    Listed with Preferred Properties Realty, LLC
    MLS 72554412
  23. Photo of 555 Page Street, Unit 206, Stoughton, MA 02072 (MLS # 72555864)
    2
    2 beds,  2 full baths
    966 sqft  
    Walk Score® 42
    Listed with Camber Real Estate, Inc.
    MLS 72555864
  24. Photo of 24 Hartford Avenue, Bellingham, MA 02019 (MLS # 72560047)
    7
    3 beds,  1 full bath
    2,148 sqft   lot 34,500 sqft
    Walk Score® 19
    Listed with Keller Williams Realty Premier Properities
    MLS 72560047
  25. Photo of 32 Bayberry Drive, Unit 3, Sharon, MA 02067 (MLS # 72561012)
    13
    2 beds,  1 full bath
    913 sqft  
    Walk Score® 52
    Listed with Primary National Residential Brokerage
    MLS 72561012
  26. Photo of 133 Commander Shea Blvd, Unit 108, Quincy, MA 02171 (MLS # 72562403)
    18
    0 beds,  1 full bath
    505 sqft  
    Walk Score® 38
    Listed with Cameron Real Estate Group
    MLS 72562403
  27. Photo of 14 Pleasant St, Unit A, Franklin, MA 02038 (MLS # 72563062)
    14
    3 beds,  1 full bath
    948 sqft  
    Walk Score® 62
    Listed with RE/MAX Real Estate Center
    MLS 72563062
  28. Photo of 46 Druid Hill Ave E, Randolph, MA 02368 (MLS # 72563009)
    18
    2 beds,  1 full bath
    812 sqft   lot 28,276 sqft
    Walk Score® 15
    Listed with Vylla Home
    MLS 72563009
  29. Photo of 3 Key Street, Unit 3, Millis, MA 02054 (MLS # 72564181)
    42
    2 beds,  1 full, 1 half baths
    1,032 sqft  
    Walk Score® 13
    Listed with Mass Realty Advisors
    MLS 72564181
  30. Photo of 159 Bittersweet Lane, Unit 105, Randolph, MA 02368 (MLS # 72564959)
    15
    Open House
    2 beds,  1 full bath
    865 sqft  
    Walk Score® 46
    Listed with Metro South Realty
    MLS 72564959
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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Reviews

5suzannechapman1208

I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)

5goodlife99

This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)

5SullyLemmons

We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

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