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Great opportunity to rehab this home into your very own! Charming fixer in a mature, tree-lined street just minutes from downtown. This solid home offers classic bones and a generous footprint with true rehab potential to fit your style. The layout includes an enclosed front porch that provides welcoming entry, a comfortable living area, and a separate kitchen/dining space with room for modernization. A roomy yard rounds out the property, giving you space for outdoor living and expansion as permitted. Location is the real standout: easy access to Interstate 95 for quick commutes, proximity to schools, close to transit, and a broad mix of shopping, dining, and services. Enjoy easy walks to the park, shops, and everyday conveniences, with downtown culture and employment centers only a short drive away. Utilities have been off over a year; buyer will be responsible for turning on utilities for inspections. Vehicle in yard will not convey and will be removed prior to closing. Property highlights: - Solid structure in an established, walkable neighborhood - Generous lot with potential for outdoor living space - Rehab-friendly canvas: roof replacement, cosmetic updates, kitchen and bath refresh, and systems upgrades and/or repair - Flexible layout with room to reconfigure for modern living or an added living area - Close to I-95, schools, transit, and a wide range of shopping and amenities Ideal for - Owner-occupants seeking value and equity through a thoughtful renovation - Investors looking for a high-upside value-add project in a prime location
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Our Executive Mortgage Banker:
Our Insurance Division:
$65,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $52,000 | $52,000 | $52,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $320 | $328 | $432 |
| Total Monthly Payment | $395 | $403 | $507 |
* 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.