Sheet rocking and painting currently happening, stay tuned! This 2-bedroom home is your chance to bring your vision to life! Nestled in the beautiful and historic Fairhaven center with newly installed Harvey windows, this property features a fenced-in yard and a one-car garage, offering a great space for outdoor activities, storage and growth opportunity. While the home needs TLC, it presents the perfect canvas to make it your own. With the opportunity to update and add your personal touch, this home could become the cozy retreat you've been dreaming of. Located just a short drive from local beaches, parks, and the scenic Fairhaven town center, 16 Hitch Street offers the convenience of coastal living with the potential for so much more. Don’t miss this chance to create your perfect space in a fantastic location! Enjoy your free time being close to everything you need, want and enjoy with shopping, beaches, marinas, community events including Fairhaven’s farmers market and more.
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$369,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $295,200 | $295,200 | $295,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $256 | $256 | $256 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,964 | $1,962 | $2,531 |
Total Monthly Payment | $2,295 | $2,293 | $2,862 |
* 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.