Rich in history, this circa 1890 colonial would be a great project for the expert craftsman looking for that special project. This diamond in the rough was built by James H. Yanney and was one of the first homes built in the area when it was previously known as Ephratah Proper. All large rooms with period details still in place and waiting to be revived, 10 ft ceilings, pocket doors, 12'' base molding, dual stair cases, walk up attic, huge structure with great layout just waiting for that special person who can appreciate the history and revive this home to its glory days. It is located just 6 miles to Royal Mountain skiing, 11 miles to Caroga Lake, 45 minutes to Saratoga and 10 minutes to the village of Canajoharie. This special home could be your next worthwhile project. CASH ONLY
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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 | $43,200 | $43,200 | $43,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $291 | $287 | $364 |
Total Monthly Payment | $366 | $362 | $439 |
* 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.