Welcome to 35 and 35A Tecumseh Rd. This is an Exceptional opportunity to own 2 year round homes on over a half acre lot in the highly sought after Indian Neck heights neighborhood just a short walk to the Beach. The Main Home built in 1970 has been renovated and the Log home was built in 2007. Walk through the front door of the main home into a stunning kitchen with granite counters and stainless appliances. Kitchen is open to the dining area and fireplaced living room with sliders out to the oversized deck that leads to the in ground pool. Down the hall you will find the full bath and laundry room as well as a large bedroom and the main bedroom with built-ins. Main bedroom also has a slider to the deck and pool. The 2nd home is a log home built in 2007. This home has an amazing open floor plan kitchen to living room. Also on the first floor is an enormous bedroom and full bath. There is a large loft area. This house also has a full basement with laundry and utilities. Explore the many possible uses for this Amazing property! Main home to be sold furnished. Yearly rental income up to $83, 000 or more. Or rent one home and live in the other to help pay for mortgage.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Door(s): Sliding | 10.5 x 19.0 | First |
Bedroom 3 | 15.0 x 24.0 | First | |
Kitchen | Countertop(s): Granite,Flooring: Wood,Stove(s): Electric | 13.5 x 19.0 | First |
Living Room | Fireplace(s): Wood Burning,Door(s): Sliding | 11.0 x 14.0 | First |
Master Bedroom | Door(s): Sliding | 10.0 x 14.0 | First |
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Our Executive Mortgage Banker:
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$1,290,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,032,000 | $1,032,000 | $1,032,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.902% | 6.486% | 6.056% |
Monthly Tax Payment | $600 | $600 | $600 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,860 | $6,438 | $8,639 |
Total Monthly Payment | $6,585 | $7,163 | $9,364 |
* 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.