Have you been waiting for just the right property with a large renovated antique home plus another separate house? Come and take a look and decide how that you would like to use this property. The renovated 1850's home is currently set up as two income-producing units (a three-bedroom unit upstairs and a two-bedroom unit on the main level). There is even additional space on the third floor that could be finished too. This property has a second three-bedroom home built in 1988. This second home has a private driveway access off Pleasant Street as well as sharing a driveway with the antique home off High Street. In addition to the three bedrooms, the newer home has a large family room on the lower walkout level, a one-car garage, and a large side deck. Rent all three units and maximize your income or use one unit and rent the other two. Perhaps you have a large family or another family to share this property or desire to bring the antique home back to a single-family showplace. Subdivision is possible too with the current permit. Come and take a look at this property with many potential uses in the Cavendish community just minutes from Okemo, the lakes, and an easy drive to Rt. 91.
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $669 | $669 | $669 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,456 | $4,385 |
Total Monthly Payment | $4,221 | $4,217 | $5,146 |
* 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.