Calling all investors, handymen/women and ambitious end users! Bring your toolbox or contractor and your imagination! Some TLC required to transform this 6 bedroom rear dormered cape into your new home! 2 full baths, formal living room, formal dining room, eat in kitchen with electric cooking. Full, partially finished basement. Hardwood floors under the carpet on the main level. Electric panel updated to 200 amp in 2019. Oil burner updated in 2021. Aboveground oil tank. Fully fenced 50 x 100 property. This home is being sold "AS IS". Taxes (before STAR): $11, 711, 74. Conveniently located across the street from Martin "Bunky" Reid Park which offers residents a community pool, playground, picnic area, horseshoe pits, volleyball, basketball, handball, tennis, and shuffleboard courts. Residents can also obtain a permit for use of the soccer field and Little League baseball field. Don't miss this opportunity!, Additional information: Appearance: Good, Separate Hotwater Heater: N
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,999 | $399,999 | $399,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $976 | $976 | $976 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,594 | $2,561 | $3,322 |
Total Monthly Payment | $3,645 | $3,612 | $4,373 |
* 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.