Location, Location, Location! There is definitely 'Upside Potential' when you turn this well-built ranch into your 'forever home'! Quiet Forest Heights neighborhood, 3BR, 2 Bath home features large LR with handsome stone fireplace & L-shaped dining room. This leads to a two-room addition with walls of windows overlooking the woods. Family Room with 2nd fireplace & sliders to patio. Original Kitchen and both bathrooms are ready for renovating. Attached 2-car garage. New Roof 2021. New 200 amp electric. Newer mechanics (2015) include Boiler & oil Tank and central A/C. This home is a good candidate for 203K mortgage which can include the costs of your updating & renovations. Wise Buyers know--Choose a great location--Buy a home ready to renovate so you can make your own dcorating choices--Repair now and Enjoy forever!
Type | Description | Level |
---|---|---|
Bedroom 1 | Book Shelves,Built-Ins,Cedar Closet,Hardwood Floor | Main |
Bedroom 2 | Hardwood Floor | Main |
Den | Wall/Wall Carpet | Main |
Dining Room | Hardwood Floor | Main |
Family Room | Fireplace,Sliders,Vinyl Floor | Main |
Full Bath | Full Bath,Stall Shower,Tile Floor | Main |
Full Bath | Full Bath,Tub w/Shower,Tile Floor | Main |
Kitchen | Built-Ins,Dining Area,Vinyl Floor | Main |
Living Room | Built-Ins,Fireplace,Hardwood Floor | Main |
Primary Bedroom | Bedroom Suite,Full Bath,Stall Shower,Hardwood Floor | Main |
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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 | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $686 | $686 | $686 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,668 | $2,632 | $3,340 |
Total Monthly Payment | $3,429 | $3,393 | $4,101 |
* 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.