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Welcome to this well-maintained 3-bedroom, 1. 5-bath ranch located in one of Methuen’s desirable neighborhoods! This move-in-ready home offers the perfect blend of comfort, updates, and future potential. Step inside to find beautiful hardwood floors throughout the main level and a tastefully remodeled kitchen featuring granite countertops, offering both style and functionality. The spacious mudroom/breezeway was widened and completely remodeled approximately 2 years ago, creating a welcoming transition into the home while adding valuable everyday living space. Love to entertain? The expanded rear deck provides the perfect setting for summer cookouts, gatherings, and relaxing evenings outdoors. A storage shed and the existing deck furniture will remain with the property as a gift from the seller, making it even easier to enjoy your outdoor space from day one. Major updates include a roof that’s approximately 8 years old, a boiler replaced approximately 3 years ago, an updated100 amp electrical service completed a few years ago and a half bath in the basement remodeled approximately 9 months ago. The heated walkout basement offers high ceilings and outstanding potential to significantly increase your living space. Whether you envision additional living space, home office, gym, or recreation area, this unfinished space is ready for your personal touch. An added bonus is that a natural gas line has already been brought into the home and professionally capped, providing an excellent opportunity for a future conversion to natural gas if desired. Completing the package is an attached one-car garage, ample storage, and a location convenient to shopping, restaurants, major highways, and everything Methuen has to offer. This is a wonderful opportunity to own a thoughtfully updated home with room to grow. Don’t miss your chance to make this exceptional property your own!
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Ceiling Fan(s), Closet, Flooring - Hardwood | First |
| Bedroom 3 | Ceiling Fan(s), Closet, Flooring - Hardwood | First |
| Dining Room | Ceiling Fan(s), Flooring - Stone/Ceramic Tile | First |
| Kitchen | Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook | First |
| Laundry | Electric Dryer Hookup, Washer Hookup, In Basement | |
| Living Room | Flooring - Hardwood | First |
| Master Bedroom | Ceiling Fan(s), Closet, Flooring - Hardwood | First |
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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 | $431,920 | $431,920 | $431,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.902% | 6.118% |
| Monthly Tax Payment | $371 | $371 | $371 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,624 | $2,801 | $3,616 |
| Total Monthly Payment | $3,087 | $3,264 | $4,079 |
* 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.