TWO-FAMILY HOME in West Chesterfield! planned addition, this home has stood the test of time and, with some needed TLC, will continue to serve families for years to come. The first floor includes a cozy living room with a wood stove, a large kitchen and dining area with built-ins, and two bedrooms. A spacious bathroom with a walk-in shower and first-floor laundry add convenience to daily life. Unwind in the peaceful sunroom, and enjoy the practical foyer for coats and boots. Upstairs, a versatile room above the kitchen offers sweeping views of 21 acres of fields, soon to be conserved land. The large space over the garage is ready for your personal touch. The second-floor apartment, with an eat-in kitchen, living room, laundry, full bath, and two bedrooms, provides income potential or the option to convert back to a single-family layout. The property, set on 5 acres, also includes a classic dairy barn that will need some work but offers great possibilities. Owned solar panels reduce electric costs, averaging approximately $230 per year. This unique home, sold "as-is, where-is, " is ready for the next chapter in its long history.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,920 | $319,920 | $319,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $606 | $606 | $606 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,182 | $2,126 | $2,721 |
Total Monthly Payment | $2,863 | $2,807 | $3,402 |
* 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.