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Charming bungalow by the bay. Enjoy sunrise and moonrise views over the water. Lots of natural lighting in the two south facing sunrooms. These rooms can be multipurpose, sitting rooms, office space, or walk in closet. Bedroom & bathroom windows face the water. Enjoy the privacy of a living room lit by afternoon sun in the heart of the house. A warm, cozy bedroom fits a full size bed and a nightstand. Attic space with 2 windows can be converted to another room. Back deck offers water views in the winter and unobstructed sky views all year long - great for star gazing. Ample backyard space with room for expanding the house on the west side. House is in 2nd phase of eligibility screening process for the FIMP Home Renovation Grant Process. Once approved, house will be raised through Army Grant money eliminating need for flood insurance. Learn more at https: //www. nan. usace. army. mil/FIMPRSN/ Garage & deck have open COs. Some structural upgrades needed. Great renovation potential all around. An ideal fixer upper for the right long term visionary or investor. Selling AS IS.
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Our Executive Mortgage Banker:
Our Insurance Division:
$279,999
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
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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 | $223,999 | $223,999 | $223,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $443 | $443 | $443 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,272 | $1,342 | $1,786 |
| Total Monthly Payment | $1,790 | $1,860 | $2,304 |
* 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.