2303 Turnpike Street, North Andover, MA, 01845 | $599,000

Are you handy? This home needs work to make show well. Seller has kitchen cabinetry on site - buyer needs to install plus new flooring, sink/faucet, new countertops and dishwasher, some electrical outlets & lighting and also paint/new flooring on 2nd floor. Systems age unknown - appear to be in working condition (heat, well, hot water, etc). Well water in use with municipal sewerage; 2 oil tanks. The property consists of a spacious plot of land with almost 1. 5 acres and the house is set far back off busy street with a generous driveway, plenty of parking & 3 car garage. Lots of hdwd flooring on 1st level. Windows and siding replaced on house within the last 10 years. Propane gas (Haffners) for cooking. Buyer must be patient & flexible on closing timeframe and/or allow seller maximum rentback. Property being sold in current, existing condition with no further improvements. Buyer/BA to complete due diligence on all aspects of property. Buyer to obtain smoke/CO certificate need for closing

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
  • Style: Cape
  • Year Built: 1950
  • Garage: 3-car Detached
  • Heating: Gravity, Electric Baseboard, Oil, Electric
  • Cooling: None
  • Basement: Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete
  • Approx Sq. Feet: 1,920
  • Acreage: 1.47
  • Est. Taxes: $6,831
  • Lot Desc: Wooded, Easements
  • Appliances: Water Heater, Range, Refrigerator
  • MLS#: 73245599
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /raveis/73245599/2303turnpikestreet_northandover_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Room Information

Type DescriptionLevel
Bedroom 2 Walk-In Closet(s), Flooring - WoodFirst
Bedroom 3 Closet, Flooring - Wall to Wall CarpetSecond
Bedroom 4 Closet, Flooring - Wall to Wall Carpet, Attic AccessSecond
Dining Room Flooring - Wood, Window(s) - Picture, Open FloorplanMain,First
Kitchen Stainless Steel Appliances, Gas StoveFirst
Living Room Flooring - Wood, Window(s) - Picture, Open FloorplanMain,First
Master Bedroom Closet, Flooring - WoodFirst

William Raveis Family of Services

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Maureen CollinsREALTOR

978.886.7679

Maureen.Collins@raveis.com

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Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@raveis.com

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978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2303 Turnpike Street, North Andover, MA, 01845

$599,000

Maureen Collins

REALTOR

William Raveis Real Estate

Phone: 978.886.7679

Maureen.Collins@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.398% 6.273% 5.248%
Monthly Tax Payment $569 $569 $569
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,912 $2,912 $3,787
Total Monthly Payment $3,573 $3,573 $4,448

* 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.