Welcome to this beautifully renovated 2-bedroom, 1-bathroom single-family home, offering the perfect blend of modern upgrades and serene natural surroundings. Nestled privately behind acres of conservation land, this property provides a peaceful retreat with deeded access to Silver Lake just steps away, while still offering close proximity to local amenities and the Tanger Outlets for convenient shopping. Inside, features a tastefully renovated kitchen equipped with stainless steel appliances and quartz countertops with a breakfast bar, ideal for entertaining. The open living spaces are gleaming with natural light providing a welcoming atmosphere throughout. Two spacious bedrooms and a fully renovated bathroom complete the living space, ensuring comfort and style Beyond the main house, this property includes a large, detached garage, with a spacious bonus room above. The hard work has been done, as electrical, water and sewer have been extended from the main house to the garage for an easy renovation. This versatile space is perfect for a home office, studio, or has potential to be converted into an Accessory Dwelling Unit (ADU), offering additional living space or rental income. With expansion potential, and exceptional location this home is must-see. Don’t miss your chance! Showings begin: 1/14/2025 The property cannot be shown, nor any open houses held prior to 1/14/2025
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $375,200 | $375,200 | $375,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $284 | $284 | $284 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,496 | $2,528 | $3,217 |
Total Monthly Payment | $2,855 | $2,887 | $3,576 |
* 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.