Dont miss this best way to stay in town. Northshore living at a great price. Welcome to West Gloucester. Located on Rte. 133 . About a mile to West Gloucester Train. Head East about a mile and a half to Stage Fort Park , Dog Park, Tennis Courts, Stacy Blvd. and mini beach. This opportunity has many possibilities. Single family living with lower level private entrance . Could be a in-law suite or teen suite. Main level offers two bedrooms, kitchen , pantry , dining nook , full bath , living space and office. Sunny south facing property with seasonal fall colors. Views of woods and peeks of the pond. A great value for starting out, buying together, rental investment or a fix n flip. Small back yard with deck platform and room for play. Needs work and some updating. Come put your finishing touches on this. Sweat equity will be well worth it. Easy to show with appropriate notice by private appointment. Come home to Cape Ann today.
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Hardwood | First |
Bedroom 3 | Flooring - Laminate, Exterior Access | Basement |
Dining Room | Flooring - Hardwood | First |
Kitchen | Pantry, Country Kitchen | Main,First |
Living Room | Ceiling Fan(s), Flooring - Hardwood | First |
Master Bedroom | Flooring - Wood | First |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $399,200 | $399,200 | $399,200 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $267 | $267 | $267 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,367 |
Total Monthly Payment | $2,998 | $2,995 | $3,709 |
* 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.