Welcome to this 1. 84-acre corner lot property that has so much to offer in beautiful Rehoboth! It is perfect for multi-generational living with 2 kitchens, 3 bedrooms and 3 bathrooms spread across 3 levels of living. The main level features an open floor plan with floor to ceiling windows overlooking the large private backyard. The loft is a must see with a large bonus room with wet bar, main bedroom, full bathroom, and skylights. A separate kitchen on the lower level provides the opportunity to accommodate extended family or guests. The lower level opens up to a spacious deck with plenty of room to grill and entertain. This multiple use property can appeal to business or agriculture with a 32'x36' barn, a paddock with room for expansion and a 1-bedroom efficiency cottage with a kitchen and bathroom. Updates include a new septic system (July 2024), well water line (July 2024) and propane heat pump system (2022). Additional heat source option is a wood boiler.
Type | Description | Level |
---|---|---|
Bedroom 2 | Ceiling Fan(s), Closet, Flooring - Hardwood, Attic Access, Cable Hookup, Exterior Access, Recessed Lighting | Main,First |
Bedroom 3 | Ceiling Fan(s), Closet, Flooring - Hardwood | Basement |
Bedroom 4 | Ceiling Fan(s), Closet, Flooring - Laminate | Basement |
Dining Room | Flooring - Hardwood, Lighting - Pendant | First |
Kitchen | Flooring - Laminate, Dining Area, Lighting - Pendant, Lighting - Overhead | First |
Living Room | Flooring - Hardwood, Cable Hookup | Main,First |
Master Bedroom | Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup, Recessed Lighting | First |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $583,200 | $583,200 | $583,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $534 | $534 | $534 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,544 | $3,544 | $4,609 |
Total Monthly Payment | $4,170 | $4,170 | $5,235 |
* 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.