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Presented by
Avigail Gans |
A fantastic opportunity to purchase a home in the highly desired Hamlet's section of Crowfield Plantation!! This home offers several options and the price reflects it: Either purchase the home and put in the sweat equity for your personal home OR purchase the home, renovate, then FLIP it. It could also be renovated and used as an Executive Rental property. We have an appraisal in hand stating an AS IS value of $630k!! All options offer the ability to gain increased value! Two contractors provided quotes to complete the home - $61k and $71k. Two pool quotes were given as well to repair and install a saltwater system - $11k and $13k. This home is being sold ''AS/IS'' and is an Estate Sale. The home has most of the items in place to renovate the home to your liking. The hard wood floors have already been sanded and finished, the new kitchen cabinet are ready to be installed as well as the bathroom vanities, the carpet is laid down and only needs to be installed or removed then add LVP flooring, the ceilings have been scraped and are all smooth, etc. The pool is not in good condition and we have been provided two quotes to renovate the pools as well as convert it to salt water versus chlorine. The HVAC units were inspected several months ago and were working good. The majority of the extra needed items like doors, electrical outlets, a kitchen island, extra blinds, etc are in the house and will convey with the sale of the home. The tax records are showing that the square footage is 3, 085 yet the estate had it professionally measured and the square footage is actually 3, 796! The drawings and calculations confirming the correct square footage is in the documents section. The refrigerator will convey with the sale of the home yet the other appliances (dishwasher, cooktop and microwave / stove combo) will not convey!! This home is in a desired school district, in a great neighborhood with plenty of amenities and is close to shopping, restaurants as well as the International Airport.
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Our Executive Mortgage Banker:
Our Insurance Division:
$605,000
Sales Associate
William Raveis Real Estate
Phone: 339.223.4125
Avigail.Gans@Raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $484,000 | $484,000 | $484,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.137% | 6.132% | 5.396% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,710 | $2,899 | $3,859 |
| Total Monthly Payment | $2,802 | $2,991 | $3,951 |
* 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.