Fully updated and meticulously maintained property offering exceptional flexibility and income-producing potential (with proper permits and COs in place buyers to verify and transfer as needed). Major exterior upgrades completed in 2022 include roof, siding, gutters, and windows. Interior improvements feature updated first-floor windows, walls, and insulation (approx. 2 years), as well as modern finishes throughout. The home includes a second-floor kitchen with existing CO and recently renewed permit (renewed March; renews every 2 years buyer to perform due diligence for transfer). Separate electric service for the upper level, along with a 200-amp main panel (updated approx. 5 years ago). Gas utilities throughout. Additional highlights include: second-floor bath (approx. 5 years), updated sliding doors, living room, kitchen, and walk-in closet (within 3 years), and first-floor shower (2017) with lifetime warranty. Water heater is approx. 2 years old; boiler installed in 2010. Plumbing updated in 2016. Exterior features include front and rear sprinkler systems, fencing (2016), and multiple cesspools (1 in back, 2 in front). Property also offers a basement with egress window (approx. 10 years) and a permitted layout including basement outside entrance, deck, shed, roof extension, and designated bar/gym areas per CO. Upstairs sliding doors and bedroom window carry warranties. A rare opportunity with strong potential for extended living or supplemental income buyers must verify all information and COs.
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Our Executive Mortgage Banker:
$689,999
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $551,999 | $551,999 | $551,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $714 | $714 | $714 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,399 | $3,489 | $4,584 |
| Total Monthly Payment | $4,205 | $4,295 | $5,390 |
* 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.