Hampton Cape is ready for new owners to make it their own. Built in 1940 this home is filled with character and charm! Nice size living room with hardwood floors, built-in book shelves, wood burning fireplace. Eat -in kitchen with gas stove leading to family room with gas Rinnai heater, large windows overlooking private fenced yard. 2 bedrooms and a full bath on the first floor. Upstairs are 2 bedrooms with plenty of closet space and a 3/4 bath. Natural gas heat, public water & sewer. A detached 2 car garage with heated office and storage above. Ample parking for 6+ cars circular driveway and a spacious level side yard that would be perfect for a garden, A wonderful location East of Rt #1 1. 5 miles to North beach. Walk to Hampton schools. Great commuter location minutes to Rt 1, Rt 101 and #95 (This home needs some updates and TLC)
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $456,000 | $456,000 | $456,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $444 | $444 | $444 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,149 | $3,031 | $3,846 |
Total Monthly Payment | $3,685 | $3,567 | $4,382 |
* 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.