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Do you enjoy Cookouts & Bingo? Be a part of the Historic Greenland's community- originally a tenting community in the early 1900's that evolved into cottages. This cottage was built in 1930 and has been updated over the years and is adorable. Full kitchen, large living room, one bedroom with a three quarter bath. The open concept living room gives the unit such a spacious feeling. This 1 bedroom cottage is being sold mostly furnished and could be yours instead of renting for years to come. 2 Ceiling fan takes advantage of the free see breezes and a little electric chill chaser for the cooler nights. Parking for 2 cars. The Greenland’s has had families coming for generations to the quaint seaside seasonal community. The Greenland’s is open from May 15th to Columbus Day Holiday in October. Short walk around the corner to Plaice Cove Beach and the activities of the North Beach area. The cottage is located on leased land with private leases from the park owners the Fanning Family who have owned it for over 80 years. No pets or rentals allowed. Just pack your bathing suit and you’re ready for the beach. Come be the next generation to make new memories at this wonderful community!!!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $116,000 | $116,000 | $116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $108 | $108 | $108 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $782 | $771 | $995 |
Total Monthly Payment | $965 | $954 | $1,178 |
* 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.