Discover the potential of this well-maintained gem in College Park! This 3-bedroom, 2-bathroom home on just over a quarter acre lot offers a generous 1, 355 sqft of flexible living space, perfect for customizing to fit your needs. As you approach the home, take note of the tranquil fountain amongst the freshly landscaped plant beds that provides a relaxing sound to set the mood of your new home! Step inside to find a split bedroom floor plan layout that flows effortlessly, featuring bright and inviting spaces. The large living room connects to the kitchen that serves as the center hub of the home. From there, you are drawn into the dinning room that is filled with light from its large windows that look out onto the enormous yard. As you move into the studio space at the back of the home you have more natural light and direct access to the yard. In the backyard you will love the Large deck, tree house, new shed and a garden area complete with planting boxes and its own separate irrigation system! To top it all off, this home has deeded access to Little Lake Fairview at the end of the street! Go and enjoy the views and nature or bring down your paddle board or kayak and get on the water! Another bonus is the ability to park a boat or RV behind the gate on the right side of the home. To top it all off, you are in close proximity to The Main Street of College Park and all the shops, restaurants and services making life convenient when you want to get out and explore the neighborhood. This home has been well maintained and it’s ready for your personal touch and updates to make it truly yours. This charming property combines comfort with incredible potential in a prime College Park location. Don’t miss out on this wonderful opportunity – schedule your visit today and see all that this home has to offer!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
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 | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $138 | $138 | $138 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,319 | $2,260 | $2,867 |
Total Monthly Payment | $2,532 | $2,473 | $3,080 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.