Great Opportunity! Two houses in the heart of East Durham! Separate 5 bedroom brick colonial & 2 bedroom brick bungalow with an in-ground pool on 1. 17 acres! So many options! Possible Bed & Breakfast / Air BnB, or rental of one or both homes. All bedrooms, in both houses, have private en-suite bathrooms. The 5 bedroom colonial has on the first floor: kitchen; family room with bar and fireplace; open concept living room with fireplace and dining area; large bedroom with ample closet space and a large full bathroom; laundry room & 1/2 bathroom. The second floor has 4 bedrooms, each with private full bathrooms. The wood floors have recently been refinished and in 2010 the electric was upgraded to include solar power and a new split unit heat/ air conditioning system. The covered porch has plenty of space to sit and relax on. The 2 bedroom bungalow has a kitchen, dining area, living room, and both bedrooms have separate 3/4 bathrooms. Nestled between the two houses is a large stone patio offering an additional gathering area near the fenced in 20' x 36' pool. Ideally located on Route 145, across from Furlong's, the property is partially secluded by mature arborvitaes offering peek-a- boo visibility from the road. It is walking distance to East Durham festivals & concerts, antique shopping at the East Durham Flea Market, dining & night life. Close to Zoom Flume, skiing at Windham & Hunter, Golf, Howe Caverns, shopping, hiking, and much more. The property is being offered for sale in "As Is Condition. " See Virtual Tour.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$579,000
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 | $463,200 | $463,200 | $463,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,004 | $2,966 | $3,846 |
Total Monthly Payment | $3,096 | $3,058 | $3,938 |
* 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.