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Presented by![]() Kim Knox |
Sailboat Canal and close to open water. This has a large (18X18) lanai right on the water with tile and a tiled 9X24 screened in area leading to the home with steps. The home has 2 large bedrooms and 2 baths. The entire home has tile floor and plenty of closets. All appliances are not warranted. The canal has a newer seawall (2018) and the pillars for the dock is still intact. Roof and Gutters 2018 and Garage Metal 2023. Oversized 2 car garage and one garage Door opener. Flood waters got into the extra building, garage, lanai and storage shed but not the home. There is a building attached to the garage with 2 entrances approximately 400 sq. ft. Owner was building a 2 room efficiency with bath but never finished it. Because of flood it would need to be redone and then finished but could provide extra income, inlaw suite or just storage. Also a storage shed. The driveway is 3 car width wide and easily 2 cars deep.
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$220,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 978.771.4579
Kim.Knox@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $176,000 | $176,000 | $176,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $482 | $482 | $482 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,098 | $1,156 | $1,473 |
Total Monthly Payment | $1,655 | $1,713 | $2,030 |
* 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.