Great opportunity to own this updated Cape home. Located in a multi-family zone, leaves the possibility of expansion into a multi-family home. The detached tandem, drive through garage, with its own power and heating source was built in 1947 and updated in 1979. It is great for any hobbyist, or car enthusiast. The dwelling on the property was updated in 1977 and 1989 and has lots of large windows on the first floor to make it bright and cheery! An enclosed porch off the front of house also contains lots of windows and can add great living space. The interior needs some TLC and updating but has good bones. 24Hour notice is required for all appointments to give occupants notice. Please do not enter property without appointment.
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Dining Room | Main | |
Family Room | Wood Stove | Main |
Kitchen | Main | |
Living Room | Main | |
Primary Bedroom | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,600 | $239,600 | $239,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $408 | $408 | $408 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,634 | $1,592 | $2,054 |
Total Monthly Payment | $2,117 | $2,075 | $2,537 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.