You will be "wowed" by the possibilities of this beautifully restored 1860's home. Presently operating as a turn-key Bed & Breakfast with 4 luxury suites, owners' quarters, full lounge with a custom bar, common living & dining room and a commercial kitchen. The unique configuration allows for customizing to your personal vision. Previously a full-service 45 seat fine dining restaurant on the first floor, this property is ideally suited to implement your vision for additional retail/food-service opportunities. Or if you are looking for a beautiful family home with room to grow/share, this property boasts 2 additional kitchens (potential for 2 fully self-contained units), 5 full baths, 2 half baths, 6 bedrooms and 4 additional living rooms. Conveniently located to downtown shopping, restaurants and all trail systems (hiking, ATV, and snowmobile). This home sits on a beautifully maintained oversized lot with a maintenance shed, garden shed and fireplace. Also avail, a separate parking lot across the street with Mohawk river frontage.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.518% |
Monthly Tax Payment | $453 | $453 | $453 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,360 | $4,248 | $5,481 |
Total Monthly Payment | $4,905 | $4,793 | $6,026 |
* 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.