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Opportunity Awaits! Charming 2-bedroom, 1-bath Ranch style home ready for your personal vision and updates. While this home needs some TLC, it offers excellent bones and valuable features that set it apart! STANDOUT FEATURES: * Central air conditioning for year-round comfort * Whole house generator-providing peace of mind and uninterrupted power during outages (a valuable asset!). This property represents an excellent opportunity for: * First-time buyers looking to build equity through sweat equity * Investors seeking a value-add project * Renovators ready to create their dream home * Buyers looking for a solid foundation at an accessible price point. IMPORTANT: This property is subject to probate court approval. With central air already installed and a whole house generator in place, two major systems are already handled-allowing you to focus your renovation budget on cosmetic updates and personalization. Don't miss this opportunity to create something special! Properties like this-with great features at a value price-don't come along often. Details and showing information coming soon. Property being sold in As-Is condition. Current tenants are in the process of vacating.
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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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 |
|
|---|---|---|---|
| Loan Amount | $174,820 | $174,820 | $174,820 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | $375 | $375 | $375 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,034 | $1,076 | $1,417 |
| Total Monthly Payment | $1,484 | $1,526 | $1,867 |
* 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.