MULTIPLE OFFERS RECEIVED - SELLER KINDLY REQUESTS OFFERS BE SUBMITTED BY 1: 00 p. m. on MONDAY, SEPT. 16th. 11 Mitchel Terrace speaks to those looking for a style and floor plan that wows, in a location surrounded by tranquility. In addition to the main house, there's additional space with a one bedroom in-law or au pair suite or a rental unit (RUM zoning). The options will surprise you! The main home features a dramatic great room for living and dining space that flows into the cheerful kitchen. Off the great room is a cozy sitting/reading area as well as access to one bedroom and a full bathroom. Sliders open to the deck from the great room and the sitting area. Upstairs you'll find two more bedrooms and another full bath. Across the utility/mud room (with room for a WFH desk), you'll find access to the in-law/rental suite with an enormous bedroom, fresh kitchen and great room. Currently, the land is a fantastic private buffer, but if you're inspired, get out the gardening gloves and revive tiered gardens. If you're tired of the boring, traditional styled homes, come be inspired by Mitchel Terrace! Field card says 3 bedrooms - 3 rooms function as bedrooms in the main home and another 1 in the in-law suite. IF YOU HAVE SHOWN THE HOUSE, IN-LAW APARTMENT IS ELECTRIC HEAT (SPLIT UNIT) AND MAIN HOME IS PROPANE AND ALSO HAS A WOOD BURNING STOVE. Roof on main house was replaced about 3 years ago and the in-law apartment roof did not require any work.
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Dining Room | 9 ft+ Ceilings,Sliders | Main |
Kitchen | Main | |
Living Room | 9 ft+ Ceilings,Built-Ins,Sliders | Main |
Primary Bedroom | Main | |
Studio Apt | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $415,200 | $415,200 | $415,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $399 | $399 | $399 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,523 | $2,487 | $3,281 |
Total Monthly Payment | $3,014 | $2,978 | $3,772 |
* 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.