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Presented by![]() Devon Clarke |
Highly visible income producing property consisting of single family residence, a lower level with a kitchen and bath. There are 4 bedrooms in the upper level of home. The basement has a kitchen, dining/seating area, full bath with w/d, and one bedroom. Beautiful patio and deck renovated in 2019. Fireplace hearth and 2nd stone building that can be used for an office/recreational room. Backyard area has a covered vine for shade and seating. Side yards and front yard have grass and plantings. Central Air July 2020. Gazebo in the yard, farmer's porch in front. Prior approved plans for an additional building to be built in the back yard where the family business is located. Driveway for home has pavers and entrance from the Route 1. Updates done thru the past 10 years at the home. Excellent traffic counts for retail and other commercial uses. All stone work on the property was done by the owner. By Appointment only with pre approved financing.
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$1,200,000
Sales Associate
William Raveis Real Estate
Phone:
Devon.Clarke@raveis.com
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.565% | 6.475% | 6.183% |
Monthly Tax Payment | $973 | $973 | $973 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,376 | $5,989 | $8,101 |
Total Monthly Payment | $6,474 | $7,087 | $9,199 |
* 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.