Start the New Year in your New Home! This cozy 3 Bedroom/1 Bath Ranch home in Milford sits on a quiet corner lot & is just waiting for your finishing touches to make it shine. As you enter the front door you step into an open & bright Living Room with beautiful bay window & hardwood floors that run throughout the main level. The Living space consists of the Living Room, 3 Bedrooms, 1 Full Bath & an Eat-In-Kitchen! The Boiler is from 2017 & the full Basement space is just waiting to be partially finished into livable space! NOTE: The house is being sold AS-IS & does need touching up & repair on the lower half of the walls, doorways, kitchen appliances etc from damage from a motorized wheelchair. Please be careful on the back staircase because it will need a new railing & some concrete repair, & there is some peeling paint on the siding so I'm not sure it will pass FHA, so Cash or Conventional preferred. Great commuter spot, close proximity to local beaches, major highways, Metro North, shopping & more! Please see notes about the condition of the walls, doorways, appliances etc from damage from a motorized wheelchair and also notes about the back porch stairs. There was a metal wheelchair ramp that was removed so along with that went the railing that was part of the staircase so please be careful. And there is some peeling paint and woodpecker holes on the siding so with all these things i'm not sure it will pass FHA, VA etc
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Ceiling Fan,Hardwood Floor | 9.5 x 11.5 | Main |
Bedroom 2 | Ceiling Fan,Hardwood Floor | 11.0 x 11.0 | Main |
Eat-In Kitchen | Ceiling Fan,Tile Floor | 10.5 x 15.5 | Main |
Living Room | Bay/Bow Window,Hardwood Floor | 12.5 x 15.5 | Main |
Primary Bedroom | Ceiling Fan,Hardwood Floor | 10.0 x 13.5 | Main |
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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 | $295,200 | $295,200 | $295,200 |
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 | $413 | $413 | $413 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,939 | $1,939 | $2,471 |
Total Monthly Payment | $2,427 | $2,427 | $2,959 |
* 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.