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This 5-room, 3-bedroom, 1. 5-bath Ranch, built in 1953, offers a solid foundation and a layout ready for full renovation. Located on a quiet residential street, this property sits on a level and a completely fenced in 15, 000sf lot, and provides a strong starting point for builders, contractors, or buyers seeking a project to redesign to their own specifications or to build their dream home! The interior and exterior offer ample potential for reconfiguration, expansion, or modernization based on individual plans. The lot offers unlimited possibilities to build new, expand, and build an ADU. This home is ideal for a complete gut renovation and presents an opportunity to create a customized living space or investment property. New Boiler in 2024, roof approx. 2015. Being sold AS IS, WHERE IS, and suitable for cash or construction financing only. No public open houses will be held. A great option for those looking to take on a full-scale renovation project or build a home of your dreams!
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | Flooring - Wall to Wall Carpet | 10.0 x 12.0 | Main,First |
| Bedroom 3 | Flooring - Hardwood | 11.0 x 12.0 | Main,First |
| Kitchen | Flooring - Stone/Ceramic Tile, Dining Area | 10.0 x 29.0 | Main,First |
| Living Room | Flooring - Hardwood | 13.0 x 20.0 | Main,First |
| Master Bedroom | Flooring - Hardwood | 12.0 x 16.0 | Main,First |
| Office | Flooring - Hardwood | 11.0 x 13.0 | Main |
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$420,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $336,000 | $336,000 | $336,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $487 | $487 | $487 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,012 | $2,096 | $2,768 |
| Total Monthly Payment | $2,574 | $2,658 | $3,330 |
* 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.