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Opportunity in a Prime Location! Discover the potential in this property, ideal for those with the expertise to transform and personalize a space. Inside, you'll find two bedrooms and a full bathroom with fixtures, plus a half bath with no fixtures. The living space is heated by gas. The home's exterior shows promise with decent curb appeal, presenting a welcoming canvas for enhancement. One car garage provides secure parking and additional storage space. Positioned centrally, this home is perfectly located near a beautiful golf course and the scenic Bass River. The property has passed Title 5 septic, assuring a smooth starting point for renovations. With its prime location and existing structure, this property is a diamond in the rough ready to shine. More than just cosmetics needed to bring this property back. The Seller is presently under an agreement with an abutter to the property for a property line adjustment, resulting in a land swap. The adjustment is the subject of an ANR plan which can be provided to any potential buyer upon request. Transfer to take place prior to sale of the property at the expense of the seller.
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$399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 7.075% | 6.172% |
Monthly Tax Payment | $212 | $212 | $212 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,070 | $2,097 | $2,672 |
Total Monthly Payment | $2,357 | $2,384 | $2,959 |
* 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.