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 52 Eagle Lane, Wrentham, MA 02093 (MLS # 72356802)
    14
    2 beds,  1 full bath
    850 sqft   lot 21,214 sqft
    Walk Score® 11
    Listed with Costello Realty
    MLS 72356802
  2. Photo of 32 Beecher, Weymouth, MA 02189 (MLS # 72418993)
    2
    1 bed,  1 full bath
    531 sqft   lot 8,015 sqft
    Walk Score® 50
    Listed with Century 21 Tullish & Clancy
    MLS 72418993
  3. 1 bed,  1 full bath
    680 sqft  
    Walk Score® 17
    Listed with Crimmins Real Estate
    MLS 72432465
  4. Photo of 43 Will Dr, Unit 25, Canton, MA 02021 (MLS # 72438087)
    3
    1 bed,  1 full bath
    664 sqft  
    Walk Score® 17
    Listed with Crimmins Real Estate
    MLS 72438087
  5. Photo of 10 Homestead, Unit 3, Quincy, MA 02169 (MLS # 72439720)
    19
    Price Drop
    2 beds,  1 full bath
    696 sqft  
    Walk Score® 27
    Listed with Century 21 Professionals
    MLS 72439720
  6. Photo of 27 Amelian Rd, Randolph, MA 02368 (MLS # 72440599)
    30
    3 beds,  1 full, 1 half baths
    1,120 sqft   lot 8,000 sqft
    Walk Score® 64
    Listed with Brilliant Solution, Inc.
    MLS 72440599
  7. Photo of 46 Greentree Ln, Unit 45, Weymouth, MA 02190 (MLS # 72441917)
    23
    0 beds,  1 full bath
    409 sqft  
    Walk Score® 53
    Listed with Century 21 North East
    MLS 72441917
  8. Photo of 123 South High St, Foxboro, MA 02035 (MLS # 72456317)
    14
    3 beds,  1 full bath
    948 sqft   lot 20,100 sqft
    Walk Score® 24
    Listed with EXIT Realty All Stars
    MLS 72456317
  9. Photo of 126 Pilgrim Rd, Weymouth, MA 02191 (MLS # 72459599)
    9
    3 beds,  1 full bath
    1,080 sqft   lot 3,202 sqft
    Walk Score® 53
    Listed with Coldwell Banker Residential Brokerage - Boston - Back Bay
    MLS 72459599
  10. Photo of 133 Commander Shea Blvd, Unit 108, Quincy, MA 02171 (MLS # 72459220)
    15
    0 beds,  1 full bath
    505 sqft  
    Walk Score® 38
    Listed with Cameron Real Estate Group
    MLS 72459220
  11. Photo of 234 Theresa Rd, Bellingham, MA 02019 (MLS # 72462665)
    11
    3 beds,  1 full, 2 half baths
    1,680 sqft   lot 14,270 sqft
    Walk Score® 8
    Listed with Block Capital Realty LLC
    MLS 72462665
  12. Photo of 215 Winter St, Unit 1J, Weymouth, MA 02188 (MLS # 72464457)
    10
    1 bed,  1 full bath
    589 sqft  
    Walk Score® 63
    Listed with Keller Williams South Watuppa
    MLS 72464457
  13. Photo of 73 Broad Reach, Unit T64C, Weymouth, MA 02191 (MLS # 72465227)
    26
    1 bed,  1 full bath
    788 sqft  
    Walk Score® 5
    Listed with Keller Williams Realty
    MLS 72465227
  14. Pre-Foreclosure
    or Short Sale
    3 beds,  2 full baths
    1,104 sqft   lot 40,500 sqft
    Walk Score® 7
    Listed with Keller Williams Realty
    MLS 72465125
  15. Photo of 3 Bayberry Dr, Unit 4, Sharon, MA 02067 (MLS # 72465773)
    18
    2 beds,  1 full bath
    911 sqft  
    Walk Score® 62
    Listed with RE/MAX Distinct Advantage
    MLS 72465773
  16. Photo of 35 Desmoines Rd, Unit 402, Quincy, MA 02169 (MLS # 72469242)
    15
    1 bed,  1 full bath
    609 sqft  
    Walk Score® 69
    Listed with Keller Williams Realty Boston South West
    MLS 72469242
  17. Photo of 398 East Street, Weymouth, MA 02191 (MLS # 72473009)
    5
    1 bed,  1 full bath
    620 sqft   lot 5,007 sqft
    Walk Score® 19
    Listed with Coldwell Banker Residential Brokerage - Scituate
    MLS 72473009
  18. Photo of 60 Cobb Road, Unit 60, Wrentham, MA 02093 (MLS # 72478024)
    30
    2 beds,  1 full, 1 half baths
    1,300 sqft  
    Walk Score® 3
    Listed with Mass Realty Advisors
    MLS 72478024
  19. Photo of 186 South St, Plainville, MA 02762 (MLS # 72476663)
    2
    2 beds,  1 full bath
    816 sqft   lot 9,082 sqft
    Walk Score® 49
    Listed with Keller Williams Elite
    MLS 72476663
  20. Photo of 133 Commander Shea Blvd, Unit 801, Quincy, MA 02171 (MLS # 72479119)
    19
    0 beds,  1 full bath
    375 sqft  
    Walk Score® 38
    Listed with Boston and Beyond Realty
    MLS 72479119
  21. Photo of 242 South Street, Holbrook, MA 02343 (MLS # 72480028)
    13
    3 beds,  1 full, 1 half baths
    1,128 sqft   lot 10,200 sqft
    Walk Score® 23
    Listed with Gordon Crowley Real Estate
    MLS 72480028
  22. Photo of 42 Will Dr, Unit 49, Canton, MA 02021 (MLS # 72479776)
    19
    1 bed,  1 full bath
    656 sqft  
    Walk Score® 15
    Listed with Keller Williams Realty
    MLS 72479776
  23. Photo of 199 Lake Street, Unit 26, Weymouth, MA 02189 (MLS # 72482588)
    12
    1 bed,  1 full bath
    690 sqft  
    Walk Score® 28
    Listed with Flavin & Flavin Realty, Inc.
    MLS 72482588
  24. Photo of 47 S Shore Rd, Holbrook, MA 02343 (MLS # 72484323)
    12
    1 bed,  1 full, 1 half baths
    550 sqft   lot 5,293 sqft
    Walk Score® 15
    Listed with Four Points Realty
    MLS 72484323
  25. Photo of 44 East St, Sharon, MA 02067 (MLS # 72484377)
    22
    3 beds,  1 full bath
    957 sqft   lot 21,290 sqft
    Walk Score® 11
    Listed with Boston Trust Realty Group
    MLS 72484377
  26. Photo of 43 Bayberry Drive, Unit 1, Sharon, MA 02067 (MLS # 72484107)
    10
    2 beds,  1 full bath
    873 sqft  
    Walk Score® 52
    Listed with Coldwell Banker Residential Brokerage - Sharon
    MLS 72484107
  27. Photo of 14 Sanford St, Unit 11, Medway, MA 02053 (MLS # 72488965)
    16
    Price Drop
    2 beds,  1 full, 1 half baths
    806 sqft  
    Walk Score® 24
    Listed with Discover Properties
    MLS 72488965
  28. Photo of 231 Lake Street, Unit D, Weymouth, MA 02189 (MLS # 72491076)
    13
    1 bed,  1 full bath
    600 sqft  
    Walk Score® 23
    Listed with Engel & Volkers, South Shore
    MLS 72491076
  29. Photo of 71 Box Pond Drive, Bellingham, MA 02019 (MLS # 72493754)
    29
    4 beds,  2 full baths
    2,000 sqft   lot 7,410 sqft
    Walk Score® 5
    Listed with RE/MAX Town & Country
    MLS 72493754
  30. Photo of 8 Vernal Ave, Foxboro, MA 02035 (MLS # 72495300)
    17
    3 beds,  1 full bath
    840 sqft   lot 4,710 sqft
    Walk Score® 21
    Listed with RE/MAX Real Estate Center
    MLS 72495300
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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)

Review Michael Mahoney on Zillow.com

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