UNIQUE PROPERTY
Downtown Arcadia, Historic cottages, in walking distance to parks and main street antique shopping. Property has plenty of yard space and privacy. Lined with heritage oak trees and mango trees and custom arbors gives the yard a charming setting. All sitting on more than half acre. The cottage is packed with style, featuring a large size custom kitchen with marble counter tops and tall glass cabinet doors / bar. Two master bedroom suites with private baths that have been newly remodeled make the interior space all the more special. Other features include, hardwood oak flooring thru out with inlayed tile for the front and back entrances. All new appliances and Washer and dryer are all included. This sweet cottage is packed with finishing touches. The details are in the custom closets with built in shelving and over head niches for extra storage. There is a cozy finished shed out back to accommodate a visiting guest or use as extra living space for library/ artis studio . . all with all the same trimmings as the main house interior. Classic historic cottage made modern. New roof, siding, A/C electrical wiring Plumbing with all new fixtures, and impact windows. Also a wrap around porch has been added to the south side to tie in front and back porch. Large enough for outdoor dining.
This is a must see and certainly a serious consideration for professionals and artists that work from home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$429,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $343,920 | $343,920 | $343,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $230 | $230 | $230 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,346 | $2,286 | $2,900 |
Total Monthly Payment | $2,651 | $2,591 | $3,205 |
* 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.