PRICE REDUCED!! Welcome to Mediterranean Row, nestled in the quaint, brick lined streets of the beautiful Historic Old Northeast neighborhood. This adorable 1925 Mediterranean home is full of charm and history. This spacious two bedroom, two bath home features a light & bright Florida room upon entry that currently doubles as an office/ at home work space, a wood burning fireplace in the large living room, heart of pine wood floors throughout and a very comfortable sized dining room adjacent to the beautiful custom kitchen. The kitchen features Kraftmaid wood cabinetry, granite countertops, stainless appliances to include a natural gas cooktop and offers kitchen countertop dining. This home features a lovely, quaint backyard complete with artisan pavers, artificial turf, gas grill hook up, and a detached garage with full size washer dryer, utility sink and toilet (mostly plumbed if new owner chooses to add a bathroom) and electric hook up for vehicle charger. This home also features two spacious bedrooms and two full baths, owners ensuite features shower with separate toilet room and hallway bathroom features a bathtub. No flood insurance is required here. The home is in an X flood zone and was high and dry during the last two storms Roof was replaced in 2019. Make an appointment to see this Historic Old NE beauty today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $305 | $305 | $305 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,354 | $4,354 | $5,970 |
Total Monthly Payment | $4,750 | $4,750 | $6,366 |
* 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.