IN-LAW SUITE INCLUDED on this uniquely high and dry Lincolnville property. This Insulated Concrete form (ICF) features a 2/1. 5 Main House and 1/1. 5 Studio apartment with garage on a double lot. Spanning Pomar to Moore St, these structures share a tranquil courtyard with mature landscaping and privacy fence. Built to the highest standards by a local craftsmen and used as their personal residence, these homes will stand the test of time. Boasting solid poured concrete construction with Insulated Concrete Forms, this property is ready for whatever nature has to offer. Inside you will find high-end finishes such as solid oak flooring, custom built kitchen cabinetry, Jenn-Air appliances, Taj Mahal Quartz countertops and marble tile in the primary bath. Marvin double-hung windows, spray foam insulation and Rinnai on-demand hot water heater help round out the energy efficiency of these properties. Close walking distance to downtown and dining. Come enjoy the downtown Lincolnville Lifestyle!!
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William Raveis Real Estate
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
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 | $256 | $256 | $256 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,199 | $4,199 | $5,351 |
Total Monthly Payment | $4,547 | $4,547 | $5,699 |
* 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.