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*HIGHEST & BEST OFFERS DUE MONDAY 4/28 5pm* Nestled just steps from the Barrington River, this home offers the perfect blend of serenity & coastal living. This isn't your typical raised ranch but more a large contemporary colonial feel at nearly 2700 sqft of living space set on a manicured quarter acre fenced lot. The main level features 3 full bedrooms. In addition to the main level bedrooms, the lower level offers a home office space, media room, gym area, a full bathroom, along w options for a 4th/5th bedroom, playroom, or creative space. The versatile layout provides plenty of room to grow & adapt to your needs. The open concept living room is filled w/ sunlight w bright windows & skylights, creating a warm & inviting atmosphere. A cozy wood-burning fireplace adds charm, making it the perfect spot to relax. The expansive kitchen flows seamlessly into the dining area, w/ sliding doors opening to a deck perfect for outdoor dining, entertaining, or simply enjoying the peaceful views of your lush green yard. Surrounding the home are vibrant flower gardens & thoughtful plantings, adding seasonal color & charm to the outdoor space, w fire pit area for entertaining on summer nights. *New roof 2015 *Central A/C. Located minutes from the East Bay Bike Path, Yacht Club, Hampden Meadows Greenbelt walking trails, & Barrington schools, this home offers an exceptional coastal lifestyle w/ open design & everyday convenience. A great place to call home.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $543,920 | $543,920 | $543,920 |
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 | $725 | $725 | $725 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,438 | $3,573 | $4,553 |
Total Monthly Payment | $4,255 | $4,390 | $5,370 |
* 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.