Charming Colonial Gem Near Ocean Beach Park! Discover the potential of this delightful antique colonial property, perfectly situated just moments from the attractions of Ocean Beach Park. With its gambrel roof and inviting large porch, this home exudes classic charm and offers a unique canvas for your creative vision. Inside, you'll find the warmth of hardwood floors throughout, enhancing the character of the space. The layout includes 2 spacious bedrooms (plus 3 additional rooms upstairs) and 2 full baths, providing ample room for comfortable living. Though this home is in need of renovation, it presents an exciting opportunity to restore and customize it to your liking. Ideal for cash buyers or those seeking a renovation loan, this property is being sold as-is. Whether you're looking for a weekend retreat or a full-time residence, this colonial beauty is ready to be transformed into your dream home. Don't miss your chance to own a piece of history in a prime coastal location!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Hardwood Floor | 13.0 x 9.0 | Upper |
Dining Room | Hardwood Floor | 9.0 x 13.0 | Main |
Kitchen | Hardwood Floor | 11.0 x 13.0 | Main |
Living Room | Hardwood Floor | 20.0 x 18.0 | Main |
Other | Hardwood Floor | 15.0 x 9.0 | Upper |
Other | Hardwood Floor | 13.0 x 11.0 | Upper |
Other | Hardwood Floor | 15.0 x 11.0 | Upper |
Primary Bedroom | Hardwood Floor | 13.0 x 11.0 | Upper |
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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 | $191,920 | $191,920 | $191,920 |
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 | $506 | $506 | $506 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,277 | $1,276 | $1,618 |
Total Monthly Payment | $1,858 | $1,857 | $2,199 |
* 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.