Presenting two units, each boasting a cozy bedroom. The first unit can be your perfect home while the second one offers great potential for short-term rentals, making it an ideal investment opportunity. Located conveniently on ATV and snowmobile trails, this property features an extra-large garage, providing ample space to store all your recreational vehicles. The spacious backyard comes complete with a serene pond and a delightful fountain, offering a peaceful space to unwind. Unit one impresses with a large kitchen that overlooks the picturesque backyard. Handcrafted cabinets are plentiful, providing storage for all your cookware. For added convenience, the laundry room is situated adjacent to the bedroom. The dining and living area exude charm with original hardwood floors. Unit two, located upstairs, has its own washer and dryer thoughtfully placed in the bathroom. This unit consists of one bedroom, a kitchen, and a living room. Currently occupied with a strong rental history, it presents a great income opportunity. Furthermore, the home can easily be transformed back into a single-family residence with the possibility of two to three bedrooms upstairs. Don't miss out on the chance to own and savor the charms of this remarkable property. Subject to survey and subdivision approval.
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Our Executive Mortgage Banker:
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$200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $201 | $201 | $201 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,091 | $1,078 | $1,372 |
Total Monthly Payment | $1,367 | $1,354 | $1,648 |
* 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.