Dreaming of a home where opportunity and lifestyle come together in perfect harmony? Welcome to your future haven— a sprawling ranch-style property nestled on just under 2 acres of mostly fenced-in land, where the potential is as vast as the landscape itself! This multi-family property, complete with commercial zoning, offers a rare blend of residential charm and business versatility that will spark your imagination. Step into the 3-bed, 2-bath main home, where French doors open wide to a sun-drenched deck, creating an effortless indoor-outdoor living space, perfect for hosting summer BBQs or enjoying peaceful fall mornings with a cup of coffee. Imagine harvesting fresh eggs for breakfast and sharing your home with loved ones or friends in the 2-bedroom apartment, ideal for multigenerational living or rental income to help offset your mortgage. The home's true gem, the “Multiple Purpose Room”, is a showstopper! With its own private entrance, towering ceilings, and slab foundation, this room is ready for your vision. Lease it to a professional like a chiropractor or artisan, create a home office, or open a side business— the possibilities are endless! The space is designed for flexibility, perfect for hosting clients, offering services, or tapping into the steady stream of vacationers and fall-foliage seekers en-route to the Lakes Region. Delayed showings until OH 9/18
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $696 | $696 | $696 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,552 | $2,552 | $3,319 |
Total Monthly Payment | $3,340 | $3,340 | $4,107 |
* 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.