Nestled in a peaceful neighborhood on a dead-end road in Londonderry, this single-level home offers a perfect blend of tranquility and convenience. The open floor plan features high ceilings and an ideal layout for entertaining, making it a great space for hosting gatherings or simply enjoying a cozy evening at home. The entire house has been updated with brand-new windows, bringing in plenty of natural light. The level, cleared yard includes a fire pit, perfect for relaxing and enjoying cooler evenings outdoors. With a prime location just 2 miles from the heart of Londonderry, this home is also within easy reach of local attractions—only a short distance to the river and swimming hole, 5 miles to Magic Mountain, and 8 miles to Bromley Resort. The current owners have successfully earned an average of $20, 000 in rental income when not using the home, making it an appealing investment opportunity. Whether you're looking for a peaceful getaway or a home with great income potential, this property offers both!
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William Raveis Real Estate
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Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $368,000 | $368,000 | $368,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $414 | $414 | $414 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,479 | $2,446 | $3,103 |
Total Monthly Payment | $2,968 | $2,935 | $3,592 |
* 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.