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 10 Homestead, Unit 3, Quincy, MA 02169 (MLS # 72439720)
    19
    2 beds,  1 full bath
    696 sqft  
    Walk Score® 15
    Listed with Century 21 Professionals
    MLS 72439720
  3. Photo of 207 Station St, Stoughton, MA 02072 (MLS # 72444474)
    8
    Price Drop
    Pre-Foreclosure
    or Short Sale
    2 beds,  1 full bath
    1,107 sqft   lot 13,500 sqft
    Walk Score® 54
    Listed with LAER Realty Partners
    MLS 72444474
  4. 3 beds,  1 full bath
    794 sqft   lot 7,759 sqft
    Walk Score® 55
    Listed with JDS Realty Group
    MLS 72464156
  5. Photo of 234 Theresa Rd, Bellingham, MA 02019 (MLS # 72462665)
    11
    Price Drop
    3 beds,  1 full, 2 half baths
    1,680 sqft   lot 14,270 sqft
    Walk Score® 6
    Listed with Block Capital Realty LLC
    MLS 72462665
  6. 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
  7. Photo of 59 Highland Glen Dr, Unit 328, Randolph, MA 02368 (MLS # 72471179)
    20
    Pre-Foreclosure
    or Short Sale
    2 beds,  1 full bath
    882 sqft  
    Walk Score® 56
    Listed with Coldwell Banker Residential Brokerage - Milton - Adams St.
    MLS 72471179
  8. 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
  9. Photo of 186 South St, Plainville, MA 02762 (MLS # 72476663)
    2
    Price Drop
    Pre-Foreclosure
    or Short Sale
    2 beds,  1 full bath
    816 sqft   lot 9,082 sqft
    Walk Score® 46
    Listed with Keller Williams Elite
    MLS 72476663
  10. Photo of 31 Thorpe Road, Unit 111, Needham, MA 02494 (MLS # 72502420)
    12
    0 beds,  0 baths
    287 sqft   lot 1.07 ac
    Walk Score® 69
    Listed with Coldwell Banker Residential Brokerage - Needham
    MLS 72502420
  11. Photo of 71 Mann Street, Bellingham, MA 02019 (MLS # 72507179)
    14
    3 beds,  1 full bath
    1,637 sqft   lot 5,000 sqft
    Walk Score® 30
    Listed with Coldwell Banker Residential Brokerage - Canton
    MLS 72507179
  12. Photo of 99 Patricia Dr, Bellingham, MA 02019 (MLS # 72508133)
    7
    Price Drop
    3 beds,  1 full bath
    1,216 sqft   lot 10,000 sqft
    Walk Score® 4
    Listed with RE/MAX Real Estate Center
    MLS 72508133
  13. Photo of 1098 West St, Unit 4, Wrentham, MA 02093 (MLS # 72513415)
    24
    2 beds,  2 full baths
    1,484 sqft  
    Walk Score® 0
    Listed with RE/MAX Real Estate Center
    MLS 72513415
  14. Photo of 7 1st Ave, Bellingham, MA 02019 (MLS # 72518062)
    19
    2 beds,  1 full bath
    824 sqft   lot 9,058 sqft
    Walk Score® 29
    Listed with ERA Key Realty Services
    MLS 72518062
  15. Photo of 12 N Main St, Avon, MA 02322 (MLS # 72520942)
    9
    3 beds,  1 full bath
    1,224 sqft   lot 5,500 sqft
    Walk Score® 29
    Listed with Yes We Can Realty, Inc.
    MLS 72520942
  16. 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
  17. Photo of 31 Jones Ter, Unit 5, Stoughton, MA 02072 (MLS # 72521116)
    21
    2 beds,  1 full bath
    853 sqft  
    Walk Score® 70
    Listed with East West Real Estate, LLC
    MLS 72521116
  18. 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
  19. Photo of 22 Faxson St, Unit 4, Stoughton, MA 02072 (MLS # 72528166)
    6
    2 beds,  1 full bath
    985 sqft  
    Walk Score® 79
    Listed with Keller Williams Realty
    MLS 72528166
  20. Photo of 21 West St, Unit C2, Randolph, MA 02368 (MLS # 72527566)
    12
    2 beds,  1 full bath
    1,040 sqft  
    Walk Score® 78
    Listed with Century 21 Annex Realty
    MLS 72527566
  21. Photo of 48 Nelson Dr, Unit 1, Randolph, MA 02368 (MLS # 72529513)
    7
    2 beds,  1 full bath
    710 sqft  
    Walk Score® 52
    Listed with Keller Williams Realty
    MLS 72529513
  22. Photo of 361 W Main St, Avon, MA 02322 (MLS # 72529744)
    4
    3 beds,  1 full bath
    1,115 sqft   lot 27,225 sqft
    Walk Score® 45
    Listed with Financial Group Realty
    MLS 72529744
  23. Photo of 51 Broad Reach, Unit M21A, Weymouth, MA 02191 (MLS # 72530004)
    16
    2 beds,  1 full bath
    930 sqft  
    Walk Score® 5
    Listed with Keller Williams Realty
    MLS 72530004
  24. Photo of 311 S Main St, Bellingham, MA 02019 (MLS # 72530774)
    5
    3 beds,  1 full, 1 half baths
    1,398 sqft   lot 40,000 sqft
    Walk Score® 20
    Listed with RE/MAX Integrity
    MLS 72530774
  25. Photo of 3 Bayberry Dr, Unit 4, Sharon, MA 02067 (MLS # 72532055)
    19
    2 beds,  1 full bath
    911 sqft  
    Walk Score® 63
    Listed with Keller Williams Elite
    MLS 72532055
  26. Photo of 24 Faxon St., Unit 10, Stoughton, MA 02072 (MLS # 72531465)
    11
    2 beds,  1 full bath
    970 sqft  
    Walk Score® 79
    Listed with Coldwell Banker Residential Brokerage - Canton
    MLS 72531465
  27. Photo of 211 West St, Unit 1A, Quincy, MA 02169 (MLS # 72533771)
    8
    1 bed,  1 full bath
    527 sqft  
    Walk Score® 37
    Listed with Century 21 Abigail Adams
    MLS 72533771
  28. 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
  29. Photo of 26 Weybosset St, Weymouth, MA 02191 (MLS # 72534595)
    16
    1 bed,  2 full, 1 half baths
    1,936 sqft   lot 3,600 sqft
    Walk Score® 47
    Listed with eXp Realty
    MLS 72534595
  30. Photo of 1262 Washington, Weymouth, MA 02189 (MLS # 72535110)
    5
    3 beds,  1 full bath
    1,040 sqft  
    Walk Score® 53
    Listed with Coldwell Banker Residential Brokerage - Boston - Back Bay
    MLS 72535110
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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

Community Events

Monday Morning Mah Jongg

Mah Jongg in Cambridge and Beyond

Intermediate Players welcome to join us for a fun game of mah jongg. We play quickly, chit chat, joke around and play a mean game of mah jongg. Bring your current card and your wallet. Be prepared to win and have fun. $5 pi.

Frisbee with friends!!

Ultimate Frisbee Fun!!

Fermentation 101 Workshop + Fermented Dinner & Drinks, at Brassica Kitchen

The Urban Homesteaders' League

Brassica Kitchen in JP & Boston Ferments are teaming up again for a night of fermentation on both Monday, June 3 & July 22! Our last workshop was standing room only so we’ve decided to do it again. The night will include a fermented dinner &...

JP Toastmasters - Toastmasters club in Jamaica Plain, MA - Open to All

Toastmasters: Eastern Massachusetts and Rhode Island

Join us for the next JP Toastmasters meeting for an evening of fun, learning, and networking. The JP Toastmasters club meets on the 2nd and 4th Monday of every month, at 7 PM, at The Footlight Club, Eliot Hall, 7A Eliot Street, Jamaica Plain, MA...