One floor living at its best! Step into this beautifully remodeled ranch style home, located in one of the most sought after neighborhoods in Norwood. Offering one floor living, this home was updated in 2017 with a modern kitchen featuring granite countertops, stainless steel appliances, and sleek cabinetry. The updates continue with a new roof, all new electrical system, and new attic insulation installed the same year. The expansive living room/dining room combo is so inviting with its cozy wood-burning fireplace and built-in bookshelves. Hardwood floors throughout. Having three bedrooms and attached one car garage this home offers both comfort and convenience . The full basement with high ceilings and a second fireplace is ready to be finished to suit your needs. So many possibilities! Just steps from both the Cleveland elementary School and Norwood High School, this home offers convenience and charm in a prime location. Showings start at open house Sat 10/12. 11: 30-1
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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 | $552,000 | $552,000 | $552,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.775% | 6.790% | 6.034% |
Monthly Tax Payment | $548 | $548 | $548 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,766 | $3,535 | $4,584 |
Total Monthly Payment | $4,406 | $4,175 | $5,224 |
* 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.