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
-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
Open House!
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
Cash Buyers only due to owner/investor ratio. FULLY eligible for renting.Amazing investment opportunity or chance for owner occupancy!Affordable and fully refinished unit in a small 5 unit freestanding building ....
  • 2 Beds
  • 1 Baths
  • 630 sq ft
  • -- lot
  • $189,000
  • Listed with Keller Williams Realty
Active
Excellent Location!! Easy access to public transportation and highway. Step to shopping mall and supermarket. Spacious two bedroom features large living room, kitchen and very good size bathrooms. One deeded...
  • 2 Beds
  • 1 Baths
  • 858 sq ft
  • 853 lot
  • $219,900
  • Listed with Kathleen Lau Realty, LLC
Active
Great Quincy Fourth Floor Connor unit. 1 Bedroom 1 Bath with many updates . Gorgeous engineered hardwood floors, updated kitchen with granite counter tops, Stainless steel appliances, in unit washer...
  • 1 Beds
  • 1 Baths
  • 729 sq ft
  • -- lot
  • $249,900
  • Listed with Silverstone Realty Group
Active
Welcome to the desirable Anderson Village Condominium Complex. This historic Medway building began as an early 20th century schoolhouse and was later converted to condominiums. Move right into this 2...
  • 2 Beds
  • 2 Baths
  • 1,010 sq ft
  • -- lot
  • $229,000
  • Listed with Proactive Realty
Active
Loft Unit at Whitman Pond Village features Kitchen with eat-in area / Open concept living / Fireplaced Living Room with slider to new wood deck & private-fenced yard / Loft...
  • 1 Beds
  • 1 Baths
  • 685 sq ft
  • 261,360 lot
  • $218,900
  • Listed with Raymond & Son REALTORS®
Active
Open House!
LOCATION AND SUNSHINE! Come visit this bright and sunny 2nd floor unit in the serene community of Franklin Crossing! The condo features two bedrooms, one full bathroom, galley kitchen and...
  • 2 Beds
  • 1 Baths
  • 974 sq ft
  • -- lot
  • $224,500
  • Listed with Keller Williams Elite
Active
Welcome home to this meticulously maintained condo located in beautiful Franklin! This condo is move-in ready with all the big ticket items having already been updated. Updates include heat/air unit...
  • 2 Beds
  • 1 Baths
  • 974 sq ft
  • -- lot
  • $245,000
  • Listed with Realty Express, LLC
Active
Open House!
This move-in ready one-bedroom unit is close to everything and has been lovingly cared for and is well maintained. This super cozy home consists of one bedroom, a living room,...
  • 1 Beds
  • 1 Baths
  • 499 sq ft
  • -- lot
  • $230,000
  • Listed with Dream Realty
Active
Open House!
Newly renovated 1st Floor, No Steps!!! 1 bed 1 bath at Sharon Green. New custom kitchen cabinets, granite counter top, with GE SS/appliances, New bathroom, windows, slider, hardwood floors, light...
  • 1 Beds
  • 1 Baths
  • 691 sq ft
  • -- lot
  • $219,900
  • Listed with Rubinshtein Realty, Inc.
Active
Welcome to Braintree Heights Condominium! Why rent when you can own? This is the most economically-friendly condo available in Braintree, it is an adorable and affordable condominium, a great opportunity...
  • 2 Beds
  • 1 Baths
  • 586 sq ft
  • -- lot
  • $219,900
  • Listed with A. C. B. Realty Inc.
Active
Ready to Move In! Westminster Arms - Nicely remodeled 2nd floor 1 bedroom condo. The unit has a dining room, a large entertainment sized living room, a large bedroom with...
  • 1 Beds
  • 1 Baths
  • 700 sq ft
  • -- lot
  • $189,900
  • Listed with Century 21 Kierman Realty
Active
Lease to purchase opportunity. Why rent when you can own your own condo! Let us show you how you can own this condo with very little down! If you have...
  • 2 Beds
  • 3 Baths
  • 1,857 sq ft
  • -- lot
  • $2,750
  • Listed with Success! Real Estate
Active
Great opportunity for owner occupy or as investment , well maintained 2 story townhouse condo consist of 2 bedroom ,1 bath , fresh paint ,laundry in unit and hardwood floor...
  • 2 Beds
  • 1 Baths
  • 550 sq ft
  • -- lot
  • $179,000
  • Listed with Dot Homes Real Estate Company
Active
Westminster Arms - Cozy 1st level 1 bedroom condo. The unit has a galley kitchen, dining room, a large entertainment sized living room with newer wall a/c, a large bedroom...
  • 1 Beds
  • 1 Baths
  • 685 sq ft
  • -- lot
  • $169,900
  • Listed with Century 21 Kierman Realty
Active
Single family ranch located in the southern portion of Bellingham, close to the Rhode Island boarder and Woonsocket. Property needs some repairs and RLC but will be has lots of...
  • 31 Beds
  • 1 Baths
  • 1,008 sq ft
  • 30,000 lot
  • $199,900
  • Listed with Benmar Realty
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