Boynton Meadows-Three-Bedrooms

Development: 

Unit profile

This lottery is for the three bedroom, one and half bathroom condominium unit with a single car garage located on Blacksmith Row in Groton, Massachusetts. The purchase price of this 1,629 square foot unit is $181,600. The square footage total for this unit does not include the unfinished storage space in the basement or the space occupied by the garage.  Taxes are based on the purchase price of the home.  Groton's tax rate is currently set at $18.26 per thousand dollars of assessed value. Town of Groton and the Massachusetts Department of Housing and Community Development are the long-term monitoring agents for this project and are responsible for final verification of each applicant.

Boynton Meadows is a community with a condominium form of ownership where more than one owner is involved. The homeowner will pay a monthly condominium fee -- currently set at $114.38. The condominium association is responsible for general liability insurance, landscaping, snow removal, general maintenance, and curbside trash removal. Additionally, a portion of this fee will be set aside in reserves for the roofs, structures, landscaping, and roadways. Homeowners are responsible for water, electric, gas, property taxes and cable services as well as private insurance for damage to their furniture, furnishings, and other personal property. In the event that condominium fees rise, such fees for affordable units will increase at a rate proportional to the market rate fees as governed by state law.

The kitchen comes equipped with range, dishwasher and refrigerator. There are washer/dryer hook up connections provided in the laundry area. The condominium unit has a forced hot-air heating system powered by natural gas. The unit is serviced by town water and town sewer.

Number of Bedrooms: 

Three

Accessibility Status: 

Has Barriers/ Stairs

Affordability Level: 

Moderate

Rent/Price (No dollar signs. Leave empty for income-based units): 

$181,600

Subsidized?: 

No

Funding Assistance Type (required when unit type is subsidized): 

Number of Available Units: 

0

Waitlist maintained? (required when there are no available units): 

No

Waitlist Notes: 

No wait list as there is an available unit available first come, first serve to the first qualified applicant household.