Are you renting an apartment? Does the monthly fee keep climbing? Are you dealing with neighbors above or below you? No yard? Is there a no pet policy? We have the solution! This 2-bedroom 1 bath home sits on 4 peaceful acres. On a town-maintained lightly traveled dead end road and close to town amenities; but a world away from apartment or mobile park living. Metal roof, propane furnace, drilled well, 1000-gallon septic, & a shed for storage. This home sits on a concrete slab with newly installed tie downs! Lots of lawn in front and loads of beautiful woodland area out back. Seller/owner has installed new vinyl plank flooring and carpet. Newer propane kitchen range and refrigerator. Washer and dryer hookups. Close to skiing, ATV & snowmobiling, walking trails. Close proximity to several major hospitals, employers. Other amenities include nearby retail, restaurants & entertainment opportunities. This property is surveyed. The 2019 Newport zoning ordinance has this property in 2 different zones! More permitted uses can be taken advantage of on the back 2 acres of your property! Its a "no brainer". Come have a look at the potential offered here! Easy to view! Agents see non-public remarks.
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$165,000
William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $132,000 | $132,000 | $132,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $243 | $243 | $243 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $878 | $867 | $1,105 |
Total Monthly Payment | $1,196 | $1,185 | $1,423 |
* 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.