Family owned for generations and new to the market, this updated, fantastic Colonial is located in the Scarborough Beach area and features 1, 474 square feet of living space with three bedrooms (one on the first level) and one and one half, updated bathrooms. Quality built in 1945, this lovely home offers an updated, stylish eat-in-kitchen with beautiful countertops, generous storage, ample prep space, stainless appliances, and a separate dining area. The kitchen also walks out to an expansive Trex deck. The first-floor, open layout includes a spacious living room that basks in natural light. Other features include: Additional bonus room with separate entrance, recessed lighting, updated flooring, laundry room, gas heat/gas hot water, baseboard heating, 100-amp electric with circuit breakers young, one layer roof one car, attached garage replacement windows connected to public sewer and public water. All atop a double lot with onsite parking for six cars. Ocean views from the second floor and a short walk to Scarborough Beach. Close to all amenities and minutes from highway access. A superb place to call home or a perfect investment opportunity! Come and see for yourself!
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,920 | $719,920 | $719,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $381 | $381 | $381 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,031 | $4,374 | $5,930 |
Total Monthly Payment | $4,504 | $4,847 | $6,403 |
* 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.