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.


Active
CALLING ALL INVESTORS!!! Located yards away from Mirror Lake. This is a nice condo alternative and be a nice cozy retreat. Property is being listed and SOLD as occupied and...
  • 2 Beds
  • 1 Baths
  • 836 sq ft
  • 8,000 lot
  • $99,900
  • Listed with Keller Williams South Watuppa
Active
-WATERFRONT-REHAB Opportunity - (Second Floor Unit) WITH Off Street Parking Spot, BEING SOLD UNDER MARKET VALUE BECAUSE -Seller will not be taking any action to remove current tenant, Who is...
  • 2 Beds
  • 1 Baths
  • 613 sq ft
  • 5,227 lot
  • $175,000
  • Listed with Century 21 Professionals
Active
Why paying high rent while you can pay less for your own home?Welcome to Castle Village condo complex. Walking distance to commuter rail, highway, public transportation, shopping, restaurants and so...
  • 1 Beds
  • 1 Baths
  • 660 sq ft
  • -- lot
  • $180,000
  • Listed with Advanced Realty Company
Active
This is a HomePath property. Please ask agent about the 'Ready Buyer Program." This unit is conveniently located and is part of an attractive condominium complex. The 2nd floor has...
  • 2 Beds
  • 2 Baths
  • 1,040 sq ft
  • -- lot
  • $210,000
  • Listed with RE/MAX Town & Country
Active
Dream location for an easy commute to Boston! Come to check out this well maintained 2 bedroom and one bathroom condo. It sits on a quiet side street and is...
  • 2 Beds
  • 1 Baths
  • 613 sq ft
  • -- lot
  • $242,000
  • Listed with Denkar Realty Group
Active
Open House!
CASH BUYERS- BOM ! Beautiful Cape located on a dead end street in very convenient neighborhood just minutes to all major routes, highways and Train station - an absolute commuters...
  • 3 Beds
  • 3 Baths
  • 1,810 sq ft
  • 43,560 lot
  • $249,900
  • Listed with Redfin Corp.
Active
Second level condo with open floor plan living room/ dining area. Generous sized bedroom . Built in a/c/ unit in Living Room. Great location near Norwood center and commuter rail....
  • 1 Beds
  • 1 Baths
  • 704 sq ft
  • -- lot
  • $215,900
  • Listed with Berkshire Hathaway HomeServices Evolution Properties
Active
Make this comfy place as your home at the ideal location, just across from Quincy Center T Station. This solid brick building is close to everything: shoppings, restaurants, schools and...
  • -- Beds
  • 1 Baths
  • 374 sq ft
  • -- lot
  • $199,500
  • Listed with Denkar Realty Group
Active
Look no further! This one bedroom unit features an open living area, kitchen, bath and new laminate flooring. Perfect for first time home buyers, looking to down size or investment...
  • 1 Beds
  • 1 Baths
  • 613 sq ft
  • -- lot
  • $172,900
  • Listed with Molisse Realty Group
Active
Well-maintained second floor 2 bed condo located at Franklin Crossing, just minutes from Highway and T-Station. Living room, dining room, kitchen w/ all appliances included, two spacious sized bedrooms, full...
  • 2 Beds
  • 1 Baths
  • 975 sq ft
  • -- lot
  • $247,500
  • Listed with United Realty Express
Active
Welcome Home to simple comfortable one floor living with your own private entrance. Newer garden window brings sunlight into the eat - in kitchen. Bathroom, living room and bedroom windows...
  • 1 Beds
  • 1 Baths
  • 657 sq ft
  • -- lot
  • $192,900
  • Listed with William Raveis R.E. & Home Services
Active
Great condo alternative!! This home has lots of character and is in move in condition.Fully applianced kitchen with Oak Cabinets and recessed lighting. Hardwood floors, high ceilings, central air! Cathedral...
  • 2 Beds
  • 1 Baths
  • 770 sq ft
  • 3,000 lot
  • $234,900
  • Listed with LAER Realty Partners
Active
This convenient Canton Village first-floor condo offers no stairs inside from your convenient parking spot! Clean and comfortable, this unit features an open Kitchen/Dining area flow with gas stove and...
  • 2 Beds
  • 1 Baths
  • 878 sq ft
  • -- lot
  • $229,900
  • Listed with Keller Williams Realty
Active
Nice 1 Bedroom unit at the sought after Weymouth Glen condo complex. This unit has a open concept Kitchen with Stainless appliances and upgraded countertops that offers breakfast nook/island seating....
  • 1 Beds
  • 1 Baths
  • 683 sq ft
  • -- lot
  • $205,000
  • Listed with Molisse Realty Group
Active
Location! Location! Location! This commuters dream renovated condo features fabulous open floor plan with plenty of natural light. Large Storage Unit and Laundry Facilities in the basement. Common Fenced Enclosed...
  • 2 Beds
  • 1 Baths
  • 850 sq ft
  • -- lot
  • $199,999
  • Listed with Keller Williams Elite - Sharon
Active
Strategically located 2 Bedroom Condo on top floor near Greenbush Commuter Station and everything Commerce that you may need.
  • 2 Beds
  • 1 Baths
  • 740 sq ft
  • -- lot
  • $225,000
  • Listed with Hancock Realty Group LLC
Active
Come visit this beautiful 2nd floor unit in charming Franklin Crossing! The condo features two bedrooms, one full bathroom, galley kitchen with new appliances, open dining and living rooms. The...
  • 2 Beds
  • 1 Baths
  • 973 sq ft
  • -- lot
  • $239,000
  • Listed with Keller Williams Elite
Active
Welcome to Weymouth Glen !!!! much sought after quiet complex !! Awesome End Unit !! 2 Bedroom Condo !! Great open floor plan Large Living Rm / Dining Rm. with...
  • 2 Beds
  • 1 Baths
  • 832 sq ft
  • -- lot
  • $199,000
  • Listed with Molisse Realty Group
Active
Nicely appointed second floor condo in Franklin Crossing. This condo has lots of natural light, neutral colors, great location, and a reasonable price. Centrally located near highway and many area...
  • 2 Beds
  • 1 Baths
  • 975 sq ft
  • -- lot
  • $210,000
  • Listed with Andrew Mitchell & Company - Franklin
Active
Why rent if you can own this well maintained 2 bedroom condominium with such nice views! Hurry while mortgage rates are at historic lows. The unit features wood floors, new...
  • 2 Beds
  • 1 Baths
  • 675 sq ft
  • -- lot
  • $170,000
  • Listed with Conway - Canton
Active
Open House!
Bright and sunny 1 bedroom condo located on the first floor. Minutes to shopping, restaurants, and highway! This unit features beautiful built-ins, hardwood floors through, central air, and washer/dryer hookup...
  • 1 Beds
  • 1 Baths
  • 718 sq ft
  • -- lot
  • $190,000
  • Listed with Keller Williams Realty
Active
Desirable Hilltop Gardens Condominiums. Spacious open layout, large cable ready living room with picture window, dining room with ceiling fan and designer lighting, galley kitchen with new upgraded counters, stainless...
  • 1 Beds
  • 1 Baths
  • 691 sq ft
  • 432,550 lot
  • $225,000
  • Listed with Juniper Realty & Associates
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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.