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Set along the Jordan River with access toward Jordan Cove, 24 Jordan Terrace offers a rare combination of space, setting, and utility in a desirable Waterford location. This Cape-style home features 4 bedrooms, 3 baths, approximately 2, 060 sq. ft. of living space, and a flexible floor plan with room for a variety of living arrangements. The main level offers hardwood floors, a bright living room with fireplace, dining area, spacious kitchen, and a convenient first-floor bedroom/full bath option. Upstairs, you'll find additional bedrooms and another full bath, providing comfortable separation of space. The property's riverfront setting is a standout, creating a peaceful natural backdrop with water views and direct connection to the Jordan Cove area. A large rear deck overlooks the yard and river setting, making the outdoor space ideal for relaxing, entertaining, gardening, kayaking, paddleboarding, or simply enjoying the surroundings. Adding major value is the large barn with loft, perfect for storage, workshop use, hobby space, equipment, kayaks, bikes, seasonal items, or potential studio-style flexibility depending on buyer needs. Additional features include generous yard space, and a convenient location close to Waterford schools, shopping, beaches, parks, marinas, and major routes. A unique opportunity to own a riverfront property with meaningful outbuilding space in one of Waterford's established residential areas.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Bedroom 3 | Upper |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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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 | $479,920 | $479,920 | $479,920 |
| 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 | $549 | $549 | $549 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,955 | $3,030 | $3,985 |
| Total Monthly Payment | $3,596 | $3,671 | $4,626 |
* 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.