Are you a believer that an affordable single family home in a quality location no longer exists? Look no further! 108 Folsom Hill Road is loaded with potential, opportunity for further development and expansion, and ability to put your finger prints on this terrific opportunity as you turn it into your own. Truly the sort of thing that is just so rare in todays market. Nestled on over 2 acres of lush landscape, this property is perfect for those seeking a serene lifestyle while staying close to local amenities and in the Twinfield School District. The interior has been completely renovated within the last 6 months and is currently utilized as a rental property, generating extra income for the current owner. While the exterior siding remains to be completed, the property boasts public sewer and water connections at the road, making it easier to expand services for future expansion of the property if desired. There is enough road frontage to further subdivide if desired as well! Whether you're looking to create your dream home or expand your investment portfolio, this property offers the perfect blend of green space and potential. Don't miss out on this unique opportunity to own a piece of Marshfield's beautiful countryside!
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$210,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $168,000 | $168,000 | $168,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $125 | $125 | $125 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,146 | $1,117 | $1,440 |
Total Monthly Payment | $1,346 | $1,317 | $1,640 |
* 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.