2 homes and and 2 vacant lots! 11 Car Garage spaces. The property is Deeded as 5 lots but seller will not divide! Backs to Lillian Park. 11 car garage spaces. in 2 seperate buildings. Plenty of room for a pool on this property. The big house was built in 1948 and the small cottage was built in 1908. The big house has a newer roof (12-15-2016). Original hardwoods in big house and the kichen has a beautiful restored farmhouse sink! Both homes are in need of some TLC but in sound condition otherwise. The larger garage has a bath and office space. The last 3 units of this garage are airconditioned. Both garages have electricity. Buyer to verify if two vacant lots are buildable.
SO many possible uses. Would make a great B and B or multiple generation family compound! Call with any questions.
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $387,920 | $387,920 | $387,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $215 | $215 | $215 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,581 | $2,578 | $3,326 |
Total Monthly Payment | $2,871 | $2,868 | $3,616 |
* 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.