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**Highest and Best Due by End of Day Monday May 4th** 3-bedroom, 2-bath ranch on 4. 8 acres in Lebanon, abutting 450 acres of state forest! Built in 1991, Approximately 1, 476 square feet on a single level, with a layout that includes a fireplaced living room, a separate dining room with French doors to the deck, kitchen, 2 regular bedrooms and a primary bedroom with its own full bathroom. Full walkout basement with roughly 7'10" ceilings, and finishable potential. 2-car attached garage with truss ceilings. Mudroom between the house and garage is unfinished but framed and connected. 16kW Generac propane whole-house generator. Forced hot air (oile fired hydro) with central air, plus backup electric heat from the original 1991 build. Property is being sold through an estate, as-is, where-is, and subject to probate approval. The kitchen, both bathrooms, and the rear deck all need updating, and the home is priced to reflect the work. What's already in place - the lot, the layout, the generator, the walkout basement, and the state-forest border (for incredible privacy) - is what makes the project worth taking on!
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Bedroom 2 | Main |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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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 | $240,000 | $240,000 | $240,000 |
| 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 | 6.324% | 6.500% | 5.710% |
| Monthly Tax Payment | $455 | $455 | $455 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,420 | $1,497 | $1,960 |
| Total Monthly Payment | $1,950 | $2,027 | $2,490 |
* 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.