Welcome to this charming 3-bedroom, 1-bathroom ranch, offering a perfect blend of comfort and style. Bathed in natural light, this single-story home exudes warmth and character. The heart of the home is the beautifully updated eat-in kitchen, featuring rich forest green maple cabinetry, perfect for family meals and gatherings. The inviting living room is a cozy retreat, complete with a wood-burning fireplace for those chilly evenings. A large bay window lets the morning sun fill the room, creating the perfect spot to relax. Custom touches throughout make this home both practical and efficient, with modern finishes that make it easy to personalize. The spacious bedrooms and updated bathroom is move-in ready, and the 1, 000 sq ft unfinished basement offers endless opportunities for expansion or customization. Set on over a quarter-acre, the backyard provides a private, peaceful space for outdoor enjoyment. Located just a short drive from schools, Tuscan Village, Canobie Lake Park, the Massachusetts border, and major commuter ways, this home is perfectly positioned in one of Salem’s most desirable neighborhoods. A quick stroll to Millville Pond offers a scenic escape, while the primary bedroom boasts beautiful views of the pond each morning. This delightful home is ready to welcome its next owners. Don’t miss your chance—join us at the Open House on 10/6 from 2: 30-5: 30 PM and 10/7 from 4-6 PM.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $375,200 | $375,200 | $375,200 |
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 | $459 | $459 | $459 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,496 | $2,494 | $3,164 |
Total Monthly Payment | $3,029 | $3,027 | $3,697 |
* 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.