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Opportunity knocks at 167 Porter Lane in the highly desirable town of Orange! This spacious 4 bedroom, 2 bath home offers over 2, 200 square feet of living space set on a generous level lot of more than half an acre. Built in the early 1800's, this property is rich in character and history-but requires extensive renovation and updating. Perfect for investors, contractors, or ambitious buyers looking to restore and customize a unique home with strong upside potential. With solid square footage, a flexible layout, and a prime location surrounded by higher value homes, this is an ideal project for those looking to build equity or flip. Conveniently located near Route 1, Meritt Parkway, shopping, and within the highly regarded Amity school district, the location alone supports long term value. Bring your vision, this is a rare chance to transform a historic property into something truly special. SOLD AS IS
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Bedroom 3 | Lower |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Upper |
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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 | $391,920 | $391,920 | $391,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.500% | 5.710% |
| Monthly Tax Payment | $751 | $751 | $751 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,318 | $2,445 | $3,200 |
| Total Monthly Payment | $3,144 | $3,271 | $4,026 |
* 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.