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HIGHEST & BEST OFFERS DUE FRIDAY. APRIL 17 BY 6PM. Living the lake life doesn't have to be a dream; you can make it your reality! This gem of a home is much more than just a house! Andover Lake views, Rights of Way and an Andover Lake Association membership give you daily views of beautiful sunrises along with lake and beach access for summer fun in the sun! With so many updates throughout this home, your "to do list" is already done! Imagine coming home and relaxing on your deck, instead of doing household projects! In your spare time, you might want to take a swim, canoe ride or go for a paddle on the lake. This home was thoughtfully designed to capture bold views of the lake from the living areas and bedrooms. The kitchen with center island breakfast bar is open to the dining room. Sliders provide access to the deck, extending the dining area to the outdoors. Wood floors and an open floor plan connect the dining room and spacious living room where lake views are yours from windows on both sides of the room. An updated half bath completes the main level. On the upper level are three bedrooms and a full bath. The primary bedroom is super-sized and can accommodate a work from home space. The 0. 63 Acre private lot is larger than many lake properties with mature trees and wooded areas bordering this property on 3 sides. Views of the lake are yours from the front yard. Two more features are the attached garage and basement with storag Andover Lake Boating and Rights of Way information can be found at https: //www. andoverlakect. com/boating
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Upper | |
| Bedroom 2 | Upper | |
| Dining Room | Main | |
| Full Bath | Tub w/Shower | Upper |
| Half Bath | Main | |
| Kitchen | Tile Floor | Main |
| Living Room | Bay/Bow Window | Main |
| Primary Bedroom | Upper |
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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 | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | $448 | $448 | $448 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,751 | $1,823 | $2,431 |
| Total Monthly Payment | $2,274 | $2,346 | $2,954 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.