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22 Howard Court is being offered for the very first time by its original owners-a rare opportunity that won't last long. They say location is everything, and this property truly checks all the boxes. Nestled on a quiet dead-end street beside Point Beach Field, the home offers water views from the front yard and sits on an impressive 0. 58-acre lot-more than twice the size of most properties in the neighborhood. Whether you're an investor, renovator, or owner-occupant looking to create your dream home, this property offers exceptional potential. The main level features three bedrooms, a full bathroom, an eat-in kitchen, a dining room, and an enclosed rear porch perfect for enjoying the outdoors. A detached one-car garage with additional storage provides even more flexibility. The partially finished lower level includes two additional rooms, a full bathroom, laundry, mechanicals, and ample storage space, offering endless possibilities for expansion or customization. A few added features are the industrial dehumidifier already installed in the basement, an additional shed off the back of the detached garage and the main roof is only about 10 years old period the porch roof is much older and needs to be replaced. This home is being sold strictly as-is and does require significant updating, but the location, oversized lot, and untapped potential make it an incredible investment for the future. Opportunities like this don't come around often! There are solar panels installed that will transfer to the buyer
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William Raveis Mortgage, LLC
Phone: 203.980.8025
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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 | $359,200 | $359,200 | $359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.650% | 5.972% |
| Monthly Tax Payment | $586 | $586 | $586 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,183 | $2,270 | $2,983 |
| Total Monthly Payment | $2,844 | $2,931 | $3,644 |
* 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.