Presented byThe Deborah Lucci Team |
ATTENTION builders, contractors, developers & investors! Your next project awaits. Opportunity knocks with this 3 bed, 2 bath cape nestled on a level & expansive 1. 2 acre corner lot at Johnson St & Oakes Drive in North Andover. A rare find, this property offers endless potential to tear down, gut renovate, or restore to its full charm in a highly desirable location. First floor features fireplaced living room with hardwood floors, eat in kitchen, full bath, bedroom & office/den. Upstairs find 2 bedrooms with charming pine floors & additional full bath. 3 season sunroom off of the kitchen overlooks the expansive backyard that has peach trees, a blueberry bush & existing barn. Whether you’re a visionary homeowner or savvy investor/developer, don’t miss this chance to bring your plans to life! SOLD AS IS, WHERE IS. Title V failed and is buyers responsibility.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Ceiling Fan(s), Cedar Closet(s), Flooring - Wood | 15.0 x 9.0 | Second |
Bedroom 3 | Ceiling Fan(s), Closet, Flooring - Wood | 15.0 x 7.0 | Second |
Kitchen | Flooring - Laminate, Dining Area, Gas Stove, Lighting - Overhead | 15.0 x 16.0 | First |
Living Room | Wood / Coal / Pellet Stove, Flooring - Hardwood, Window(s) - Bay/Bow/Box | 22.0 x 15.0 | First |
Master Bedroom | Ceiling Fan(s), Closet, Flooring - Hardwood | 15.0 x 11.0 | First |
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,000
Sales Associates
William Raveis Real Estate
Phone: 978.771.9909
TheDeborahLucciTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $638 | $638 | $638 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,922 | $2,919 | $3,766 |
Total Monthly Payment | $3,652 | $3,649 | $4,496 |
* 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.