The Artist's Compound. Live in peace, great rental income. In a countrylike setting within a comfortable walking distance of a village in a renaissance sits this charming compound recently handsomely renewed by an artist with a great sense of style. The compound comprises of 3 buildings, pleasantly set apart, providing rental income to cover maintenance and taxes. The main house is filled with light and charm. Two spacious living room's, one currently being used for the artist's studio and the other, enjoyably open to an inviting kitchen, offers light and warmth with a roaring handsome wood stove and access to a real rocking chair covered front porch. The full bath and laundry room on the same floor provides the possibility for a ground floor principal bedroom. Upstairs you will find a lovely, light filled bathroom, two bedrooms both with interesting added spaces. The workshop/studio building is 1, 700'. The studio/apartment is an artist's dream, currently rented to an artist. The entrance to the studio is private and quite removed from the main house with its own side door, off the kitchen, to a lovely fire pit on the edge of the woods. The garage/studio are separated by a bountiful raised bed garden. On the other side of the property, a nice distance from the main house, sits a sweet white mobile home with a great tenant. The property is well maintained with many new improvements. Eagle Street is a quiet, dead end street, with thoughtful neighbors and cared for properties. Each structure is individually metered.
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Our Executive Mortgage Banker:
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$585,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $468,000 | $468,000 | $468,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,153 | $3,110 | $4,013 |
Total Monthly Payment | $3,245 | $3,202 | $4,105 |
* 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.