Future homeowners and contractors — envision your potential in this desirable Tewksbury locale! An expanded three-bedroom, one full + two half-bath Cape; with separate rentable apartment! Main house features: spacious eat-in kitchen, dining room, & cozy living room with a gas fireplace. You'll also find a convenient main-floor bedroom & full bath. Upstairs there are two generous bedrooms & a half bath, plus four closets — including a walk-in with custom shelving & built-in dresser. Finished basement offers a family room, half bath, laundry hookup & plenty of additional storage space. The legal second dwelling is a bright one-bedroom apartment on the second floor, with its own private entrances, utilities & laundry hookup. Use the apartment for a mother-in-law suite or generate rental income — you have various options! This home sits on a corner lot with a fenced yard and an attached two-car garage with workshop area. Don't miss an incredible opportunity to give this hidden gem some TLC
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Flooring - Laminate, Flooring - Wood | 13.0 x 17.0 | Second |
Bedroom 3 | Flooring - Hardwood | 10.0 x 10.0 | First |
Dining Room | Ceiling Fan(s), Window(s) - Bay/Bow/Box | 11.0 x 11.0 | First |
Kitchen | Ceiling Fan(s) | 11.0 x 11.0 | First |
Living Room | Flooring - Hardwood | 11.0 x 15.0 | First |
Master Bedroom | Walk-In Closet(s), Flooring - Wall to Wall Carpet | 14.0 x 14.0 | Second |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $412,000 | $412,000 | $412,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $671 | $671 | $671 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,707 | $2,707 | $3,449 |
Total Monthly Payment | $3,470 | $3,470 | $4,212 |
* 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.