Harvard – Trail Ridge – Four 2BR Affordable Units for Sale

First-Come First-Served,

New Construction, Affordable 2BR Units in Harvard, MA

Please contact the agent below for any questions or to submit your application.

Lara Plaskon

Sudbury Housing Trust

278 Old Sudbury Rd

Sudbury, MA 01776

(978) 639-3387

[email protected]

Project description

The Trail Ridge at Harvard development is under construction on a 40 acre site located on Littleton County Road in Harvard, Massachusetts. The units being sold in this project are made available through a Chapter 40B permitted project with CHAPA as Monitoring Agent. The total project consists of 52 condominium units with 13 affordable units across 21 buildings, each with two-unit attached town houses, and governed by a Condominium Association. Trail Ridge offers two distinct villages, which includes a total of 24 age restricted units and 28 units with no age restriction – 25% of each of these are affordable.

The affordable units remaining after the November 15th lottery are 2 Bedroom units with no age restriction and will be sold for $187,400 to eligible applicant households on a first-come, first-served basis. The units will have a Condominium Association fee of $139 per month. In addition to mortgage principal, interest and Private Mortgage Insurance payments, homeowners should expect to pay monthly housing expenses of property taxes and condominium association fees. Property owners will be expected to pay property taxes of $17.15 per $1000 of purchase price, using 2017 tax rates, or $260 monthly.

In accordance with the program guidelines, the initial purchase prices are established so that a household is not required to spend more than 30% of the 80% Eastern Worcester Area Median Income (AMI) monthly for housing costs.

Depending on the outcome of the housing lottery held on November 15th, 2018, some or all of the units listed below will be available on a first-come, first served basis to eligible households to purchase. The affordable units will be completed as the market rate units are sold; the planned schedule may vary without notice based on market sales.

All of the units at Trail Ridge at Harvard are duplexes and feature 2 bedrooms, 2 ½ baths, family room, dining room, kitchen, and a loft on the second floor. Each unit includes a gas range, dishwasher and microwave, and comes with laundry hookup, an unfinished basement, and two-car garage. There are generous closets, a rear deck and a front porch. Each unit contains approximately 1800 square feet. The units are on private water and private sewer. Heat is forced hot air via gas, and the units come with one zone central air.

 

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