Presented byMargaret Shea |
Backup offers only! George Washington had just been elected President when this house was built in East Mountain! Rare suburban location for this 2-family 1790 farmhouse at 188-190 Peach Orchard Road is a great opportunity for owner/occupants, American History enthusiasts. Walk to East Mountain Golf Course, Park & Reservoir. This colonial home features two spacious apartments with front and back staircases. The second floor has all original woodwork, French doors, 2 or 3 bedrooms. Amenities include large yard, thermopane windows, vinyl siding, front porch, back deck, full basement with shared washer/dryer, new water heaters. Limited bus service available directly across the street. Rents are below market. Month to month tenancy. Short walk to the 18-hole East Mountain Golf Course and Clubhouse, and East Mountain Park with basketball court, pavilion and little league /soft ball fields. The park overlooks the scenic 36-acre lake, East Mountain Reservoir, where you can fish for largemouth bass, bluegill and yellow perch!
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Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.525.5837
Margaret.Shea@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.605.5576
Rick.Cannavaro@raveis.com
NMLS Mortgage Loan Originator ID 89074
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $483 | $483 | $483 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,994 | $2,530 |
Total Monthly Payment | $2,554 | $2,552 | $3,088 |
* 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.