Affordable Homeownership Opportunity – Villages at Stow

Application deadline 5:00 p.m., Thursday, December 14, 2023

Info session on Zoom Thursday, December 7, 2023, at noon. Attendance is not mandatory.  Meeting ID: 319 687 9287, Passcode: 348972.

3-bedroom, 2.5-bathroom detached condominium for sale at Villages at Stow – $253,600

33 Orchard Drive, Stow

• • Monthly condo fee:  $233
  • Approximately 1,924 sq. ft.
  • 2-car garage
  • FY23 real estate tax is $18.31 per $1,000
  • Gas heat, central air, community well and shared septic system
  • Pets allowed
  • Refrigerator, range/oven, microwave, dishwasher, washer/dryer hookups
  • Accessibility:  2 stairs to side door, 4 stairs to front door, and full stairs to the upstairs and basement. All bedrooms upstairs.

Income restrictions apply (80% Area Median Income):

• 1 person:  $82,950
• 2 persons:  $94,800
• 3 persons:  $106,650
• 4 persons:  $118,450
• 5 persons:  $127,950
• 6 persons:  $137,450

Household assets may not exceed $75,000

This home is subject to deed restrictions to maintain affordability, including 1) unit must be occupied by owner as primary residence, 2) limitations on resale price, and 3) limitations on transfer after death of owner.  A sample deed rider is below.

Affordable Housing Deed Restriction

Scroll down to read information package (important!) and apply online.  If you have trouble accessing the application or information package, please email stefanie@metrowestcd.org.

More photos available on realtor’s website:  33 Orchard Drive #33, Stow, MA 01775 (kw.com)

Click the download button to review the important information about this permanently deed-restricted unit before you submit an application. There are permanent rules regarding the future sale of this unit that you need to understand.