40k Price Modification!! This loving family estate has been a staple of the Belmont community decades. The perfect location for a gentleman's farm with a multi-stall barn that has been recently converted into a work shop would be perfect for conversion back for cattle or horses. Bonus of having 39 acres stretching back to 100 yards of Bean dam, this property has the Tioga River running through it for all your livestock and fishing needs. Additionally it sports 2 detached garage spaces perfect for yard equipment, boats, and or other vehicles. The field, mature trees, and landscape make for the perfect private sactuary for the outdoorsman or family gatherings. Inside the well loved home is beautiful hardwood floors, freshly painted rooms, 5 bedrooms, and 2. 5 bathrooms. Add in french doors, a formal dining room, multiple living room spaces, gas fireplace, wood stove, basement rec space with full bar, plenty of storage, and the ideal home for an in home business, and the possibilities are endless. As another bonus, the new owner will not pay a tax bill until April of 2025. Talk to the town about converting above the garage or splitting the large home into an accessory unit for potential rental income. This is a gorgeous property that is a must have for a multiple amount of buyers. Join us at the open houses on Friday, 6/21/24 from 4-6pm and Saturday, 6/22/24 from 10am-12pm. We look forward to sharing this beauty with you!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $543,920 | $543,920 | $543,920 |
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 | $572 | $572 | $572 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,664 | $3,615 | $4,587 |
Total Monthly Payment | $4,328 | $4,279 | $5,251 |
* 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.