Restore your own Garfield Place Historical Property located on a corner lot, a unique area named after President James A. Garfield in 1881 listed in the National Registry of Historic Homes in 1972. A carriage house originally built for George Corlies, a development partner, which is now on its own lot. Enjoy nearly 3000 square ft of living space on over a quarter acre of a gently sloping property. First floor has a foyer with one of 2 stair cases. Oversized living room/Dinning Rm which leads to the kitchen with solid surface countertops. Relax or work in the study off the kitchen with paneled walls and built-in bookshelves in addition to a half bath. Upstairs has a bedroom with a dressing rm, 3 other good size bedrooms all with hard wood floors and 2 full baths. Lots of storage in the full dry basement with an attached 2 car garage. Outstanding level back yard for lots of fun. It is time to bring this historic carriage house back to a gem on Garfield Place!
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$304,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $243,200 | $243,200 | $243,200 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $765 | $765 | $765 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,618 | $1,616 | $2,085 |
Total Monthly Payment | $2,458 | $2,456 | $2,925 |
* 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.