Live the New England dream in this classic farmhouse in Conway Village with lots of updating! Bonus 1 bedroom cottage on the property (address 12 River Street) that you can rent out, or use as a multi-generational home. Completely separate utilities and town water and sewer. Enter the main house through the wrap-around porch with plenty of space for relaxing and dining away from the elements. Step into the recently renovated kitchen with trendy grey cabinets, white quartz countertops, a massive island, and a dining room. French doors open onto the large back deck overlooking the backyard. Living room with wood floors, a wood stove insert with brick hearth and wood mantel, full bathroom, laundry room, and another formal living or dining room (currently used as a bedroom) round out the main level. On the second floor there's 3 large bedrooms including the primary bedroom with bathroom, large closet, and a bonus hobby or office room off the primary. The two other bedrooms share a full bathroom on the second floor. The third floor can be utilized as office space, a reading nook, or more storage. Heating system and hot water heater replaced within the last 3 years, windows have been replaced, most of the exterior was recently painted, updated electrical, newer kitchen. Large barn connected to the main home opens up more possibilities for the property, or keep it as storage and a workshop. Live in one and rent out the other! Central location close to everything.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $483 | $483 | $483 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,922 | $2,885 | $3,704 |
Total Monthly Payment | $3,497 | $3,460 | $4,279 |
* 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.