Glen Echo Lake waterfront. This cozy year 'round home features direct access to a full recreational paradise. Ice skate and ice fish in the winter and enjoy power boats, paddle boats and swimming in the summer. There is optional membership available in the lake association The open kitchen leads to large living room and then a family room with a dramatic water view. The bedroom features a slider which will provide a first glimpse of the beautiful lake each morning. The unfinished basement includes a walk out entrance to the level back yard. The exterior of the home is vinyl sided and there are three parking spaces. The property is serviced by town sewer. All of this is located on a low traffic street. Come see why some lake families have lived here for three and four generations. This is your chance to be on the lake where the water view changes with each day!
Type | Description | Level |
---|---|---|
Kitchen | Flooring - Stone/Ceramic Tile | First |
Living Room | Flooring - Wall to Wall Carpet | First |
Master Bedroom | Ceiling Fan(s), Flooring - Wall to Wall Carpet, Slider | First |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $335,920 | $335,920 | $335,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $367 | $367 | $367 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,235 | $2,292 | $2,903 |
Total Monthly Payment | $2,677 | $2,734 | $3,345 |
* 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.