Imagine sitting on a Farmer's porch smelling the salt air while feeling the ocean breeze on your face. Welcome to 6 Linden Ave. in Magnolia just up the street from Shore Road and the wide open sea. A unique and beautiful rental property with so much to offer. Work at home? With 4 bedrooms you can convert multiple rooms into home offices. An open floor plan offers a large living area with a fireplace and hardwood flooring that connects to the dining area and a spacious, bright kitchen with lots of cabinet and countertop space. Need an exercise room? There is finished area in the basement which provides ample room for your workout equipment. Lots of outdoor living opportunity as well with the deck off the kitchen and a wonderfully landscaped yard with charming gardens. Catch seasonal glimpses of the ocean while tinkering in the yard. This home is in a very quiet and safe neighborhood right around the corner from amazing views of the open ocean.
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Hardwood | Second |
Bedroom 3 | Closet, Flooring - Hardwood | Second |
Bedroom 4 | Closet, Flooring - Hardwood | Second |
Dining Room | Flooring - Hardwood | Main,First |
Kitchen | Flooring - Hardwood, Flooring - Vinyl, Deck - Exterior, Slider, Peninsula, Lighting - Overhead | Main,First |
Living Room | Flooring - Hardwood, Open Floorplan | Main,First |
Master Bedroom | Bathroom - Full, Flooring - Wall to Wall Carpet | Second |
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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 | $2,800 | $2,800 | $2,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $19 | $19 | $24 |
Total Monthly Payment | $94 | $94 | $99 |
* 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.