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Rustic charm exudes from this 3BR, 1. 5BA log cabin. Nestled on almost an acre, this home offers an expansive back yard with mature trees lining the property and a farmer's porch where you can relax and enjoy the serenity of the woods. The circular floorplan of the main level makes an ideal setup for entertaining family and friends. Classic log cabin construction and warm wood interiors invite you in from both sides of the home. The back of the house features a sitting room drenched in natural light that flows into an updated kitchen with a stainless steel farmer's sink and separate dining area. The living room is adjacent to the dining area and boasts a beautiful fieldstone fireplace. There is also a half bath on the main level. Upstairs boasts 3 bedrooms and a full bathroom. The sitting room provides access to a patio where you can enjoy the peace and tranquility of the country setting. There is a detached 2 car garage that needs TLC, but is perfect for storage overflow and/or car enthusiasts. Tucked in the woods, yet ideally located minutes from beaches, Route 1, shopping and all area amenities.
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Our Executive Mortgage Banker:
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$450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.282% | 6.623% |
Monthly Tax Payment | $204 | $204 | $204 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,425 | $3,111 |
Total Monthly Payment | $2,704 | $2,704 | $3,390 |
* 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.