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A unique find just 3 miles to historic Summerville. 2. 55 ACRES with house and 30 x 40 workshop building with No HOA. This 4 bedroom, 3 bathroom home was built with a great deal of care and consideration by the original owners. The main level includes a large foyer, two living spaces on the main floor, formal dining room, breakfast area, and a separate computer / flex room. Downstairs is another bonus space that could be an exercise or play room, a bedroom, bathroom and the laundry room, storage closets and garage access. Upstairs is the owner's suite with a balcony overlooking the back yard. Two additional bedrooms and a guest bathroom are also upstairs. With cleared landing surrounding the house you can start your own farm here. The detached workshop has two lift up garage doors plusa service door entrance. Workbench, storage pieces, and loft storage all convey. Zoned for Dorchester District 2 schools, public schools are within 5 miles and a private school option is within 2 miles. Don't miss out on this charming property and making it your own dream come true. A $2, 500 lender credit is available and will be applied towards the buyer's closing costs. This credit is in addition to any negotiated seller concessions.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,792 | $3,942 | $5,023 |
Total Monthly Payment | $3,884 | $4,034 | $5,115 |
* 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.