Welcome to this charming traditional house situated on a generous 1. 38-acre property, offering a tranquil retreat in a picturesque setting. This diamond in the rough is waiting for the right individual to restore and transform it into a warm and inviting home. As you approach the residence, you are greeted by a classic rocking chair front porch, perfect for relaxing and enjoying the serene surroundings. The expansive lot provides ample space for potential expansion, landscaping, or outdoor activities, with a wooded area towards the back of the property enhancing privacy and natural beauty. This home features 3 bedrooms and 1 bath, providing the basics for comfortable living while leaving room for personalization and upgrades. With a bit of vision and creativity, this property presents an exciting opportunity to customize and create a dream home tailored to your unique style and preferences. Whether you're looking for a fixer-upper project or a place to unleash your renovation ideas, this traditional house offers endless possibilities for customization and enhancement. Embrace the challenge of restoring this hidden gem to its full potential and make it a place you can truly call home. Don't miss out on the chance to own a piece of tranquility and embark on a fulfilling renovation journey. Explore the vast potential of this property and envision the possibilities of creating a personalized sanctuary amidst nature's beauty.
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Our Executive Mortgage Banker:
Our Insurance Division:
$109,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $87,200 | $87,200 | $87,200 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $61 | $61 | $61 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $580 | $580 | $735 |
Total Monthly Payment | $716 | $716 | $871 |
* 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.