Starting out. . downsizing. . one floor living. . this 4 bedroom 2 bath home offers all of these options. This lovely cape starts off with a bright eat-in kitchen, a formal dining room w/custom built in cabinets, living room with fireplace, and first floor bedroom w/hardwood flooring. Finishing off the first floor is a nice sized 1/2 bath. The second level offers 3 good sized bedrooms, all w/hardwood flooring and a full bath. If more room is needed a full basement could be finished or used for storage. The location of this home is key. Not only is situated on a 1/2+ acre fenced in lot its in a great neighborhood not far from Billerica Country Club, the new high school & Billerica town center with it's restaurants, shops, town common and library. Also a desirable commuter location minutes from the commuter rail, Routes, 128, 3 & 495. This home has immense potential and is just waiting for its new owners to bring their personal touches.
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Hardwood | Second |
Bedroom 3 | Closet, Flooring - Hardwood | Second |
Bedroom 4 | Closet, Flooring - Hardwood | First |
Dining Room | Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood | First |
Kitchen | Ceiling Fan(s), Chair Rail | First |
Living Room | Flooring - Hardwood, Window(s) - Picture | First |
Master Bedroom | Closet, Flooring - Hardwood | Second |
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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 | $479,920 | $479,920 | $479,920 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $475 | $475 | $475 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,047 |
Total Monthly Payment | $3,759 | $3,756 | $4,613 |
* 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.