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Enjoy a relaxing lake lifestyle in this 2 bedroom 1. 5 bath ranch across from the Third Lake in Guilford Lakes. Canoeing, kayaking, fishing in the lakes and hiking in the 600 acre Timberlands Preserve are right out your front door. Walk to the private Guilford Lakes sandy beach. Yearly association membership is only $208. The home is on a level, corner lot on a peacefully quiet, dead end street. Year round living or weekend retreat, this sunny and bright home is minutes away from the Guilford Green, train station, highways, shopping and town beaches. Great opportunity to remodel and transform this home into your own lake area retreat at an affordable price. Home to be sold AS IS. Inspections are for buyer's informational purposes only. Seller will not consider making any repairs. Please take notice of seller's disclosures.
Type | Level |
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Bedroom 1 | Main |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Main |
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William Raveis Real Estate
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Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $501 | $501 | $501 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,570 | $1,569 | $2,024 |
Total Monthly Payment | $2,146 | $2,145 | $2,600 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.