Welcome to 10 Lilac Lane, located at Great Brook Village, a 55+ community in Belmont. This 3 bedroom, 2 bathroom home includes a bright & airy eat-in kitchen with skylights. The vaulted ceilings in the kitchen & living area makes the home feel spacious. There is a primary bedroom with a full bath attached, and a also a 2nd full bathroom in the hall. There are two additional bedrooms for family or guests. Central air conditioning, and a laundry/utility room off the kitchen, leading to a small back deck & patio area nestled against the woods and back of the park with a seasonal brook running down below. Enjoy perennial landscaping surrounding the home. The clubhouse includes a kitchen/dining area for entertaining, a library and a gym. The association members frequently hold pot lucks and game nights, and community yard sales too. There is a tranquil pond with walking trail and sitting areas around it, as well as a nearby Village Spur Rail Trail and River Walk trails down the street with a short drive. Conveniently located minutes to Route I-93, Tanger Outlet Mall, Walmart and many other shops and restaurants right down. Come enjoy all there is to see and do in the Lakes Region! Home is being sold in as-is condition. Bank Owned as a Deed in Lieu of Forclosure. Seller has no knowledge of the condition of the property.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $64,000 | $64,000 | $64,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $350 | $350 | $350 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $437 | $425 | $544 |
Total Monthly Payment | $862 | $850 | $969 |
* 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.