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Opportunity awaits with this handyman special offering exceptional upside in a desirable lake-adjacent setting. This 3, 226 sq ft single-family residence sits on a 19, 602 sq ft lot with seasonal lake views, beautiful exterior stone walls with gated entry, and a large backyard with space for a pool. The home features 4 bedrooms and 4. 5 bathrooms, a finished and livable lower level with kitchen, living area, bedroom, baseboard heat, and mother-in-law or rental apartment with private entrance, separate laundry, and rear patio access. A two-car attached garage with remotes is accessible via the lower driveway, while an upper driveway leads to the main entrance and front patio. Additional outdoor living includes a rear lower patio and an upper deck. All permits have been pulled, and major infrastructure is already in place. Rough plumbing and electrical are completed, with all wiring, tubing, and connections installed for the upper floors. The second and third floors are ready for build-out, offering open floor mapping and flexibility for customization. The home requires a heating system for the upper levels.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Upper |
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$455,000
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 | $364,000 | $364,000 | $364,000 |
| 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 | $840 | $840 | $840 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,038 | $2,180 | $2,902 |
| Total Monthly Payment | $2,953 | $3,095 | $3,817 |
* 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.