Village adjacent, this 2-story 1950's Cape is truly a diamond in the rough! The 1, 500 +/- SQFT home with 4 bedrooms and 1. 5 bathrooms has been loved by one family for over 65 years. The 0. 26 acre lot on the corner of Converse Rd and Cove St offers easy access to Silvershell Beach, Sippican Tennis Club, the Beverly Yacht Club and Marion Village restaurants, ice cream shop and the Marion General Store. The home has primarily hardwood floors with a brick fireplace in the kitchen/dining area. The bedrooms offer ample storage that include charming built-ins. A 100 SQFT Shed is located in the backyard for easy storage of water toys, bikes and garden tools. The home comes with new Granby double lined oil tank installed in 2019, 8 replacement windows installed in 2015 and a new furnace installed in 2011. The home is broom swept, empty and ready for its new owner.
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Wood | First |
Bedroom 3 | Closet, Flooring - Wood | Second |
Bedroom 4 | Closet, Flooring - Wood | Second |
Kitchen | Flooring - Vinyl, Dining Area | First |
Living Room | Flooring - Wood | First |
Master Bedroom | Closet, Flooring - Wood | First |
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William Raveis Real Estate
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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 |
|
---|---|---|---|
Loan Amount | $479,920 | $479,920 | $479,920 |
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 | $333 | $333 | $333 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,115 |
Total Monthly Payment | $3,618 | $3,615 | $4,540 |
* 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.