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Experience the perfect blend of classic New England charm and modern luxury in this meticulously updated 3-bedroom, 2-bathroom Cape, situated on over 12 serene acres in Durham. This property offers a rare "best of both worlds" opportunity: maintain a massive private forest retreat for outdoor enthusiasts, or take advantage of a prepared site plan to subdivide and create an additional buildable lot-perfect for a family compound or investment. Step inside through the functional mudroom-located off the oversized 2-car garage-to find an effortless open-concept flow. The brand-new designer kitchen features premium quartz countertops, custom tile backsplash, upgraded stainless steel appliances, and a large center island overlooking a spacious dining area. Gleaming new and refinished hardwood floors flow throughout the main level. The bright, airy living room is anchored by a cozy fireplace with a wood stove insert and massive windows that flood the space with natural light. A versatile first-floor bedroom and a fully renovated bathroom with high-end tile work offer excellent flexibility. Upstairs, a beautiful staircase with new railings leads to two expansive bedrooms with abundant closet space and a shared, designer-renovated bathroom. The finished lower level provides the ultimate "bonus" space, complete with a custom wet bar, cedar closet, dedicated laundry zone, and ample unfinished storage. Just unpack your bags and call this place home!
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| 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 |
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|---|---|---|---|
| Loan Amount | $547,920 | $547,920 | $547,920 |
| 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% | 5.668% |
| Monthly Tax Payment | $455 | $455 | $455 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,241 | $3,374 | $4,441 |
| Total Monthly Payment | $3,788 | $3,921 | $4,988 |
* 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.