Attention Developers/Contractors, 17 Pine Plain presents a rare opportunity to bring this small cottage back to its original charm. Renovate, remodel or develop this property that is situated on a quiet dead end street featuring homes of varying styles and sizes. Perfect for the downsizing with the desire to live in Wellesley or for the hardy buyer ready to take on a project. Although the house is in need of extensive work, it features wonderful period detail, a fireplace, lattice windows, farmer's porch and level lot. Walking distance to the Boulder Brook Preservation and The Bates School, 17 Pine Plain offers wonderful potential at one of the lower prices in town. Easy to show. Property sold in as-is condition. Buyer to do their own due-diligence, seller makes no representations or warranties. Don’t miss your opportunity to develop this home in the highly desired Overbrook neighborhood! PLEASE DO NOT WALK PROPERTY WITHOUT LISTING AGENT. **Showings begin Monday 10/14/24
Type | Level |
---|---|
Bedroom 2 | First |
Kitchen | First |
Living Room | First |
Master Bedroom | First |
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William Raveis Mortgage, LLC
Phone: 508.944.8218
Bob.Flynn@raveis.com
NMLS Mortgage Loan Originator ID 6314
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $572,000 | $572,000 | $572,000 |
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 | $691 | $691 | $691 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,806 | $3,802 | $4,824 |
Total Monthly Payment | $4,589 | $4,585 | $5,607 |
* 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.