This delightful 1946 Cape home is ideally located within walking distance of a local hospital, making it the perfect for owner occupied investment opportunity for traveling nurses, or medical professionals. With a 2nd floor legal ADU, a finished basement with outside access, and an outdoor oasis featuring a beautiful in-ground pool and gazebo, this property offers tremendous flexibility and potential. The spacious backyard is an entertainer's dream, complete with an in-ground pool and a charming gazebo — ideal for relaxing after a long day or hosting friends. Whether you're looking to unwind or entertain, this private outdoor retreat provides a perfect setting. Inside, the home is as functional as it is charming. The second floor In-Law offers excellent potential for guests, extended family, or as an income-generating rental unit. The finished basement with separate outside access could easily be transformed into an additional living space. A must see! So many upgrades - completely redone the 1st floor bath to include laundry with new washer and dryer. Kitchen on first floor redone 2022. New floor in kitchen. added kitchen to 2nd floor with new appliances 2022, added laundry to 2nd floor bathroom, new washer and dryer2023. New floors in basement 2023. see disclosures for list of updates and upgrades. Also listed 5024109
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $588,000 | $588,000 | $588,000 |
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 | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $595 | $595 | $595 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,863 | $3,863 | $4,922 |
Total Monthly Payment | $4,550 | $4,550 | $5,609 |
* 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.