Your dream of owning a home in Andover has arrived! This charming 3-bedroom, 1. 5-bath colonial is ready for you to move in and make it your own with just a little bit of updating. Nestled on almost an acre, set far back from the road, and abutting AVIS land, this property offers privacy and the possibility of future expansion. The spacious full basement provides additional options for creating more living space to suit your needs. Enjoy peace of mind with a newer heating system, roof, and hardwood floors on the first level. Located just minutes from I-93 and the commuter rail, and less than 2 miles from downtown Andover with its vibrant shopping and dining, this home perfectly blends convenience with potential. Make Andover your home today! Showings to start at first open houses, Sat. 11/2 and Sun 11/3. 12: 00 to 2: 00.
Type | Description | Level |
---|---|---|
Bedroom 2 | Flooring - Wall to Wall Carpet, Closet - Double | Second |
Bedroom 3 | Closet, Flooring - Wall to Wall Carpet | Second |
Dining Room | Flooring - Hardwood, Lighting - Overhead | First |
Kitchen | Flooring - Hardwood, Dining Area, Lighting - Overhead | First |
Living Room | Flooring - Hardwood | First |
Master Bedroom | Flooring - Wall to Wall Carpet, Closet - Double | Second |
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Our Executive Mortgage Banker:
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$685,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $548,000 | $548,000 | $548,000 |
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 | $726 | $726 | $726 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,646 | $3,642 | $4,621 |
Total Monthly Payment | $4,464 | $4,460 | $5,439 |
* 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.