This 4-bedroom, 3-bathroom starter home in Lincoln Park sounds like a charming gem with lots of potential! Nestled on a spacious corner lot, this home offers convenient driveway parking plus a one-car attached garage. With its classic character and ample space, it's ready for a personal touch to transform it into your dream home. The inviting first floor features a generous living room with a cozy fireplace, a formal dining room, a kitchen, two spacious bedrooms, and a full bath. Upstairs, you'll find two more large bedrooms and a second full bath, providing plenty of space for a growing family. The lower level is a standout, with a huge family room, wood-burning fireplace, bar area, and another full bath—ideal for relaxation or hosting friends and family. There's also direct access to the garage. Enjoy privacy and ample room for outdoor entertainment in the backyard, which has great potential for a lovely patio area perfect for gatherings. Plus, with just minutes to express buses, trains, major parkways, shopping centers, and only 28 minutes to Manhattan, this location is truly a commuter's dream. Don’t miss the chance to make this affordable, convenient home your own, blending comfort, charm, and incredible potential in one perfect package! PLEASE NOTE ALL THE INSIDE PICTURES HAVE BEEN VIRTUALLY STATGED!
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William Raveis Mortgage, LLC
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $631,201 | $631,201 | $631,201 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $917 | $917 | $917 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,094 | $4,253 | $5,412 |
Total Monthly Payment | $5,103 | $5,262 | $6,421 |
* 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.