Presented byTeam AFA - Southport |
RARE OPPORTUNITY in sought after neighborhood, never turns over! Either use as investor property, expansion possibilities for design-builder, or move right in! This home offers all the lifestyle conveniences. LOCATION-LOCATION-LOCATION! Character rich 1928 colonial with gambrel roof, architectural classicism and new england charm with lots of EXPANSION possibilities! Situated on a flat-topped hill, multi-tier lawn areas. It's very private, at end of quiet street, abutting a town owned wooded lot. 3-bedrooms, option for fourth, and walk-up 3rd floor loft-like space (fantastic for media room, home office, art/yoga studio, playroom, or bonus bedroom). This home is bright and sunny with city views from the front paired with bucolic views of side and back yards. With a remodel, an in-law suite with separate exterior access is possible. Walk to the Metro, WholeFoods/Home Depot and nearby restaurants with night life. I-95 is very close and beach a 5-10 min drive. NEW kitchen, with NEW EnergyStar appliances (natural gas range/oven), and glass subway tile backsplash. Interior/exterior freshly painted, hardwood floors refinished throughout, updated baths, and a NEW roof. The darling detached garage, functional also serves as a folly focal point with a NEW cement floor. Suitable for a sporty convertible, 3-season workshop or party barn. (NOTE: 16 Massachusetts Ave is also for sale creating this RARE opportunity. Combined, it has the possibility for a double property) A MUST SEE!
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Dining Room | Main |
Full Bath | Upper |
Half Bath | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Upper |
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William Raveis Mortgage, LLC
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NMLS Mortgage Loan Originator ID 12303
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $463,200 | $463,200 | $463,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $411 | $411 | $411 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,160 | $3,079 | $3,972 |
Total Monthly Payment | $3,663 | $3,582 | $4,475 |
* 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.