Wonderful opportunity to get into South Hamilton! This darling ranch-style home sited on a corner lot has many updates and is perfect for first time homebuyers, downsizers, and people who want single level living or the benefit of an accessibility ramp. This two bedroom, 1 bath home has a septic system approved for 3 bedrooms. The bedrooms offer hardwood flooring and ample closets. The living room has hardwood floors, a fireplace and a picture window that brings in natural sunlight. The eat-in-kitchen has the space for a large kitchen table and has exterior access to the flat, fully fenced backyard. The full basement offers expansion potential and there is abundant storage in the basement and walkup attic. Newer updates include siding, windows, doors and an expanded and paved driveway. Ask for the feature sheet. New Year, new home…Welcome to Hamilton!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Flooring - Hardwood, Closet - Double | 11.0 x 12.0 | First |
Kitchen | Flooring - Stone/Ceramic Tile, Dining Area, Dryer Hookup - Electric, Exterior Access, Washer Hookup | 13.0 x 14.0 | First |
Living Room | Flooring - Hardwood, Window(s) - Picture, Exterior Access | 14.0 x 15.0 | First |
Master Bedroom | Flooring - Hardwood | 13.0 x 14.0 | First |
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William Raveis Real Estate
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Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $540,000 | $540,000 | $540,000 |
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 | $720 | $720 | $720 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,638 | $4,630 |
Total Monthly Payment | $4,405 | $4,450 | $5,442 |
* 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.