Under contract-accepting backup offers. Welcome to 2602 w lorraine, a beautifully maintained property that perfectly balances modern amenities with classic charm. This delightful 5-bedrooms, 4-bathrooms home spans approximately 1414 square feet and is nestled in a sought-after neighborhood known for its community spirit and convenient location. Spacious Living Areas, The open-concept living room is bathed in natural light, creating a warm and inviting atmosphere perfect for both relaxation and entertaining. Enjoy cooking in the updated kitchen featuring stainless steel appliances and ample cabinet space. Each of the bedrooms offers generous space and closet storage, with the master bedroom boasting an en-suite bathroom for added privacy. Step outside to a beautiful backyard, ideal for summer barbecues, gardening, or simply unwinding after a long day. Converted garage to additional bedroom or family room, a dedicated laundry room, and central air conditioning. Located in a vibrant community, 1081 North Euclid is close to top-rated schools, picturesque parks, and a variety of shopping and dining options. Commuters will appreciate easy access to major highways and public transportation, making travel to the city or surrounding areas a breeze. This home has been lovingly updated with fresh paint, and modern fixtures throughout, ensuring it is move-in ready and waiting for its next owners to create lasting memories. Don’t miss your chance to own this charming home in a prime location.
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Our Executive Mortgage Banker:
Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $399,600 | $399,600 | $399,600 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $234 | $234 | $234 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,659 | $2,656 | $3,370 |
Total Monthly Payment | $2,968 | $2,965 | $3,679 |
* 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.