410 Cherokee is a classic brick ranch that backs up to a private par 3 and is also a part of the Botany Woods HOA -- enjoying access to the neighborhood pool. The home has been brought into 2024 without killing the charm of the 1960s. From what you can readily see; the brand new white oak site finished hardwoods, to the open concept, to the zero entry shower in the master bedroom, solid core interior doors. . . To the things you cannot; HVAC system/duct work, tankless gas water heater, plumbing, etc. . . it has been totally renovated with quality in mind. Quartz countertops throughout both the kitchen and bathrooms. New floor to ceiling tempered glass windows allow natural light to illuminate all living spaces. There is a half bath off of living room which is very unique to see in a ranch of this era. The home is technically 4 bedrooms, but 1 of the rooms is small. . . would make a great space for a home office, nursery, OR laundry room as the home has 2 locations for washer and dryer. The large back yard with matured hardwoods will not disappoint.
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Our Executive Mortgage Banker:
Our Insurance Division:
$675,615
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,492 | $540,492 | $540,492 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $411 | $411 | $411 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,596 | $3,592 | $4,558 |
Total Monthly Payment | $4,099 | $4,095 | $5,061 |
* 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.