Presented byThe Peggy Patenaude Team |
RARE opportunity! Spectacular corner lot in desirable Phillips Academy area. Located on the corner of Forbes Lane & Karlton Circle, this "L" shaped ranch will provide that single level living that is so difficult to find. With 3 spacious bedrms plus a Home Office, the flexible floor plan will win you over! An oversized Foyer will greet you and lead you to the Eat-in Kitchen, which has maple cabinets, SS appliances & a greenhouse window that overlooks an amazing, private courtyard-type backyard - gorgeous in every season. 21' Family Rm has gas fireplace. Dining rm & Living rm provide additional space for entertaining. First floor laundry & attached 2-car garage make this a natural for people w/ mobility challenges & could easily be adapted for a wheelchair. Finished Lower Level Playroom (39 X 20) has a built-in bar area w/ refrigerator. Short distance to Phillips Academy & Downtown Andover where you will enjoy many events, dining & shopping. Town water, town sewer & natural gas.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet | 10.0 x 15.0 | First |
Bedroom 3 | Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet | 10.0 x 15.0 | First |
Dining Room | Flooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail, Crown Molding | 10.0 x 15.0 | First |
Kitchen | Skylight, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances | 10.0 x 38.0 | First |
Living Room | Flooring - Hardwood, Crown Molding | 14.0 x 21.0 | First |
Master Bedroom | Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet | 12.0 x 17.0 | First |
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Our Executive Mortgage Banker:
Our Insurance Division:
$912,590
Luxury Properties Specialist
William Raveis Real Estate
Phone: 978.804.0811
Peggy.Patenaude@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $730,072 | $730,072 | $730,072 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $1,148 | $1,148 | $1,148 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,088 | $4,495 | $6,063 |
Total Monthly Payment | $5,328 | $5,735 | $7,303 |
* 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.