This exceptional property, on over a third of an acre and zoned for residential and commercial use, features two homes and a large two-story barn. The main home boasts four bedrooms and 1. 5 bathrooms with plenty of natural light, and a cozy enclosed front porch. The second home has one bedroom and a new mini-split unit for year-round comfort. The separate buildings make this the perfect setup for space and privacy while also offering the opportunity for rental income or multi-generation living! The attached two-story barn is perfect for a business venture, workshop, or additional storage space. New roof in 2024. Separate utilities, including a three-phase in the barn, making it ready for workshop needs. This property is connected to town water. It offers a unique blend of residential comfort and commercial potential, making it a versatile investment. What a great opportunity for a business venture with onsite residential living! Don’t miss out on this opportunity! Both units to be conveyed vacant. Sold as-is.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $356,000 | $356,000 | $356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $322 | $322 | $322 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,459 | $2,398 | $3,028 |
Total Monthly Payment | $2,856 | $2,795 | $3,425 |
* 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.