This property offers a fantastic opportunity for both living and investment. The first unit is a charming 3BR, 2 bath cape-style home, well-maintained and featuring an open concept living area. You'll love the spacious living room, versatile den/office space, and potential for a first-floor bedroom. The mudroom is perfect for keeping things organized, and the newer heating system and central A/C ensure comfort year-round. Plus, the updated bathroom and fresh paint add to its appeal. The heated garage, complete with an additional half bath, is a dream for car enthusiasts or anyone looking for a great workshop space. Two room, second floor guest space/game room area with wet bar. Currently the second unit is a two br, one bath mobile home from 1984, providing additional living space or rental potential. With the property previously condexed, there’s potential for that again, offering flexibility for future use. Set on a . 78-acre lot, you can enjoy lovely views and have direct access to outdoor activities
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $519,920 | $519,920 | $519,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $436 | $436 | $436 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,503 | $3,456 | $4,385 |
Total Monthly Payment | $4,031 | $3,984 | $4,913 |
* 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.