Boston Realty by Realtor Michael Mahoney of eXp
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.

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 40 Bayberry Drive, Unit 2, Sharon, MA 02067 (MLS # 72394620)
    19
    2 beds,  1 full bath
    871 sqft  
    Walk Score® 52
    Listed with Discover Properties
    MLS 72394620
  3. Photo of 28 Linwood St, Holbrook, MA 02343 (MLS # 72407396)
    13
    Price Drop
    3 beds,  1 full bath
    945 sqft   lot 7,185 sqft
    Walk Score® 39
    Listed with Cantave Realty Group, Inc.
    MLS 72407396
  4. Photo of 47 S Shore Rd, Holbrook, MA 02343 (MLS # 72417630)
    7
    1 bed,  1 full, 1 half baths
    550 sqft   lot 5,293 sqft
    Walk Score® 16
    Listed with Four Points Realty
    MLS 72417630
  5. 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
  6. Photo of 224 Forest Grove, Wrentham, MA 02093 (MLS # 72424237)
    18
    2 beds,  1 full bath
    930 sqft   lot 8,930 sqft
    Walk Score® 8
    Listed with Berkshire Hathaway HomeServices Page Realty
    MLS 72424237
  7. Photo of Unit 70 Sanford Street, Unit 70, Medway, MA 02053 (MLS # 72426116)
    10
    2 beds,  2 full baths
    883 sqft  
    Walk Score® 26
    Listed with Patriot Real Estate, Inc.
    MLS 72426116
  8. Photo of 23 Crystal Way, Unit 23, Bellingham, MA 02019 (MLS # 72427786)
    4
    2 beds,  1 full, 1 half baths
    1,300 sqft  
    Walk Score® 42
    Listed with Realty Concierge International
    MLS 72427786
  9. 1 bed,  1 full bath
    680 sqft  
    Walk Score® 17
    Listed with Crimmins Real Estate
    MLS 72432465
  10. Photo of 46 Druid Hill Ave E, Randolph, MA 02368 (MLS # 72434299)
    17
    2 beds,  1 full bath
    812 sqft   lot 28,276 sqft
    Walk Score® 14
    Listed with Vylla Home
    MLS 72434299
  11. Photo of 143 Village Street, Unit B, Medway, MA 02053 (MLS # 72435589)
    23
    1 bed,  1 full bath
    600 sqft  
    Walk Score® 26
    Listed with V & E Realty
    MLS 72435589
  12. 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
  13. Photo of 89 Pleasant St., Unit C 12, Medfield, MA 02052 (MLS # 72438559)
    11
    1 bed,  1 full bath
    830 sqft  
    Walk Score® 63
    Listed with Berkshire Hathaway HomeServices Page Realty
    MLS 72438559
  14. Photo of 4 Sanderson St, Medway, MA 02053 (MLS # 72438912)
    19
    3 beds,  1 full, 1 half baths
    1,460 sqft   lot 6,098 sqft
    Walk Score® 31
    Listed with EXIT Realty All Stars
    MLS 72438912
  15. Photo of 90 Turner St, Quincy, MA 02169 (MLS # 72440902)
    19
    Pre-Foreclosure
    or Short Sale
    2 beds,  1 full bath
    860 sqft   lot 2,770 sqft
    Walk Score® 34
    Listed with AA Premier Properties, LLC
    MLS 72440902
  16. Photo of 42 Rondeau Rd, Bellingham, MA 02019 (MLS # 72440613)
    10
    Price Drop
    Pre-Foreclosure
    or Short Sale
    3 beds,  1 full bath
    930 sqft   lot 8,000 sqft
    Walk Score® 2
    Listed with Costello Realty
    MLS 72440613
  17. 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® 66
    Listed with Brilliant Solution, Inc.
    MLS 72440599
  18. Photo of 46 Greentree Ln, Unit 45, Weymouth, MA 02190 (MLS # 72441917)
    23
    Price Drop
    0 beds,  1 full bath
    409 sqft  
    Walk Score® 53
    Listed with Century 21 North East
    MLS 72441917
  19. Photo of 298 Commercial Street, Unit 21, Braintree, MA 02184 (MLS # 72444140)
    21
    2 beds,  1 full bath
    750 sqft  
    Walk Score® 45
    Listed with Success! Real Estate
    MLS 72444140
  20. Photo of 26 Hemlock Circle, Unit 26, Millis, MA 02054 (MLS # 72446233)
    21
    2 beds,  1 full, 1 half baths
    1,145 sqft  
    Walk Score® 49
    Listed with ERA Key Realty Services-Bay State Group
    MLS 72446233
  21. Photo of 80 Fountain Lane, Unit 4, Weymouth, MA 02190 (MLS # 72449642)
    20
    1 bed,  1 full bath
    743 sqft  
    Walk Score® 57
    Listed with Red Tree Real Estate
    MLS 72449642
  22. Price Drop
    Open House
    2 beds,  1 full bath
    1,085 sqft  
    Walk Score® 15
    Listed with Marcel Victor & Associates
    MLS 72454634
  23. Photo of 45 Will Drive, Unit 95, Canton, MA 02021 (MLS # 72452931)
    13
    1 bed,  1 full bath
    767 sqft  
    Walk Score® 17
    Listed with Coldwell Banker Residential Brokerage - Franklin
    MLS 72452931
  24. Photo of 14 Sanford St, Unit 46, Medway, MA 02053 (MLS # 72453356)
    19
    1 bed,  1 full bath
    686 sqft  
    Walk Score® 25
    Listed with Hayden Rowe Properties
    MLS 72453356
  25. Photo of 71 Box Pond Drive, Bellingham, MA 02019 (MLS # 72454109)
    26
    Price Drop
    4 beds,  2 full baths
    2,000 sqft   lot 7,410 sqft
    Walk Score® 7
    Listed with RE/MAX Town & Country
    MLS 72454109
  26. Photo of 20 Lake St, Wrentham, MA 02093 (MLS # 72458244)
    30
    3 beds,  2 full baths
    1,632 sqft   lot 6,450 sqft
    Walk Score® 21
    Listed with Century 21 North East
    MLS 72458244
  27. Photo of 201 Caroline Dr, Bellingham, MA 02019 (MLS # 72458103)
    15
    3 beds,  1 full bath
    864 sqft   lot 12,750 sqft
    Walk Score® 9
    Listed with Salzberg Real Estate Agency
    MLS 72458103
  28. Photo of 133 Commander Shea Blvd, Unit 108, Quincy, MA 02171 (MLS # 72459220)
    14
    0 beds,  1 full bath
    505 sqft  
    Walk Score® 45
    Listed with Cameron Real Estate Group
    MLS 72459220
  29. Photo of 10 Donald Street, Unit 7, Weymouth, MA 02188 (MLS # 72460627)
    6
    1 bed,  1 full bath
    742 sqft  
    Walk Score® 43
    Listed with Keller Williams Realty
    MLS 72460627
  30. Photo of 113 Winter Street, Wrentham, MA 02093 (MLS # 72462188)
    18
    3 beds,  1 full bath
    935 sqft   lot 2.58 ac
    Walk Score® 1
    Listed with Keller Williams Elite
    MLS 72462188
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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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