Calling all investors! This 1750 farmhouse is huge and in need of extensive rehabilitation. The property does have character with beautiful tin ceilings, impressive woodwork and large rooms. It would make for a finished product to be proud of. The barn is most likely a tear down. There is a nicely mowed backyard with fenced areas and fields. The home comes equipped with a Classic Edge 760 outdoor wood boiler to supplement the oil boiler, pellet stove and wood stove. The abutting property, consisting of 200 feet of road frontage on Route 114 and 12. 25 acres, is also for sale by the same seller. Combine with this listing for a total of 554 feet of road frontage. For details please see MLS 5017809. This property also abuts the gravel roadway to the Bolton Ballfields. Preapproval or proof of funds required prior to a showing. Property also listed as MLS 5017842.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $181,000 | $181,000 | $181,000 |
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 | $499 | $499 | $499 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,204 | $1,203 | $1,552 |
Total Monthly Payment | $1,778 | $1,777 | $2,126 |
* 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.