Set on a quiet dead-end street, this charming 3-bedroom, 1. 5-bath Colonial provides a tranquil escape with minimal street traffic. This home boasts a spacious living room with a cozy fireplace, perfect for relaxing or entertaining, and a separate dining area ideal for family meals or gatherings. Open the sliders to your private, fenced-in backyard featuring a deck that leads to an above-ground pool—ideal for summer fun and outdoor relaxation. A convenient storage shed provides extra space for tools and equipment, while the large basement with bulkhead access offers potential for additional storage or future finishing. Enjoy a short drive to the town beach, parks, restaurants, and marinas, providing both tranquility and easy access to everything Somerset has to offer. This lovely Colonial is a true gem—don’t miss your chance to call it home! *Showings to begin at Open House SAT 1/18 11: 30AM-1PM. *
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$489,000
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 | $391,200 | $391,200 | $391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $407 | $407 | $407 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,636 | $2,669 | $3,381 |
Total Monthly Payment | $3,118 | $3,151 | $3,863 |
* 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.