Welcome to 1131 Phinneys Lane an exceptional investment opportunity that combines charm and potential. This delightful 2-bedroom, 2-bathroom home spans 1, 342 square feet, offering a smart layout that maximizes space and comfort. Nestled on a generous . 58 acre lot, this property provides ample room for outdoor enjoyment and expansion possibilities. Inside, the home offers an expansive living area, creating a welcoming space for daily life and gatherings. The bedrooms are comfortable and the two bathrooms add convenience. Key updates include a newer roof and central AC, ensuring the home is both efficient and ready for the future. These recent upgrades enhance the home's appeal, making it a great option for those looking to invest in a property with solid potential. The expansive lot provides plenty of room for outdoor activities or future projects. The location offers easy access to the vibrant amenities of the town, adding to the property's allure. Whether you're considering a new home or an investment property, 1131 Phinneys Lane offers a unique blend of comfort and opportunity. Property being sold AS IS.
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Our Executive Mortgage Banker:
Our Insurance Division:
$419,900
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 | $335,920 | $335,920 | $335,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $293 | $293 | $293 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,235 | $2,233 | $2,833 |
Total Monthly Payment | $2,602 | $2,600 | $3,200 |
* 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.