Back on Market! Because the Buyer had cold feet! Now is your chance to scoop up a bargain. Great potential for this cozy home in downtown Northampton. This house was family owned for a long time. There's a new front porch and all windows are new. All hardwood floors are in great condition. There is currently no heat source. Instead of replacing the boiler, the new owner can decide what heating source makes sense for them. This sale is AS IS. Please be careful in the spooky basement. There's a large front and side yard on Williams St. Lots of space for parking. This is a 3 bedroom home according to public records. But the first floor bedroom does not have a closet. Front bedroom on the 2nd floor has a big closet. The spacious main bathroom is on the 2nd floor. Definitely not going FHA due to lack of a boiler. Motivated Seller so make an offer!
Type | Description |
---|---|
Bedroom 3 | Flooring - Hardwood |
Kitchen | Flooring - Hardwood |
Living Room | Flooring - Hardwood |
Master Bedroom | Flooring - Hardwood |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
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Loan Amount | $240,000 | $240,000 | $240,000 |
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 | $283 | $283 | $283 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,557 | $1,617 | $2,058 |
Total Monthly Payment | $1,915 | $1,975 | $2,416 |
* 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.