This is a great opportunity. . . two homes! Investors or home business or family compound. . . this will work for all. Handsome 1850 Federal style home was a single family that was converted to an upstairs/downstairs duplex. In 1988, a second home was built on the property. There are two, month to month tenants in place who have been long term, great tenants. One apartment is a seasonal that will be available in April. The "new" house has street access from a quiet side street. There is a huge deck with carport underneath in addition to the oversized garage. There are 3 bedroom, 2 full baths, living room & a lower-level family room. In the 1850 house, the lower unit has 2 bedrooms and the upstairs unit has 3, each apt. has a full bath. Both kitchens are up to date and both have laundry equipment or hookups. The third floor is ready for you to use your imagination in the unfinished 16x35 ft space. There is seasonal space in the barn section as well. The property is in a great village location next to the small green with a sliding hill and minutes to Singletons and the Green for summer concerts. Walk or bike to Proctor Piper State Forest for the trail network. Okemo is 10 minutes away & so is Fox Run Golf Course. It's an easy ride to Rte 91 and the Upper Valley. There much to love with this property. The 1850 house could be turned back into a single family if you wanted. The flexibly that this property offers is amazing and it could even be subdivided. There's nothing else like it.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $489,600 | $489,600 | $489,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6..375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.623% |
Monthly Tax Payment | $578 | $578 | $578 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,340 | $3,254 | $0 |
Total Monthly Payment | $4,010 | $3,924 | $670 |
* 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.