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Excellent opportunity to build equity quickly when you buy this three bedroom, one bath ranch with one car garage. Approach the composite, trex style covered front porch to enter thru a solid storm door into a large living room with fireplace. Natural light shines through a big bay window onto hardwood floors. All three bedrooms have solid oak floors. The bath and sunny eat in kitchen have ceramic tile throughout. Exit the side door for access to the secure garage or the private level back yard. The expansive, unfinished lower level includes a washer and dryer, plentiful storage, plus opportunities for future expansion. This home has great bones and you'll find lovely perennials planted throughout the property. If you're willing to roll up your sleeves, it will shine again with some TLC. Convenient for shopping and commuting yet on a quiet side street in a lovely, tranquil neighborhood, this is an ideal location for anyone starting out or downsizing to one level living. Conventional, cash, or FHA203k loans considered: peeling/damaged exterior/original windows. Siding appears in good condition. Showings begin Monday!
| 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
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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 |
|
|---|---|---|---|
| Loan Amount | $183,920 | $183,920 | $183,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $390 | $390 | $390 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,088 | $1,147 | $1,515 |
| Total Monthly Payment | $1,553 | $1,612 | $1,980 |
* 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.