Nestled in the sought-after Burke School neighborhood of West Peabody, this charming full basement ranch offers ample space & comfort. The inviting living room features a picture window & wood laminate flooring, leading to a spacious eat-in kitchen with a bay window that captures southern sunlight, complemented by a tile backsplash & recessed lighting. The formal dining room, adorned with a chair rail & wood laminate flooring, is perfect for holiday gatherings. Adjacent to the kitchen, the cozy family room boasts a beamed ceiling, chair rail, wood laminate flooring & a sliding door to the exterior deck. The main level includes three bedrooms & a full bath. The unfinished walk-out basement, with/3/4 bath, presents significant potential for expansion. Additional storage is available in the basement area beneath the family room/dining room addition. This property also features an updated composite tiered deck overlooking a beautifully fenced-in level backyard. A real gem
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Vinyl | First |
Bedroom 3 | Closet, Flooring - Wall to Wall Carpet | First |
Dining Room | Flooring - Laminate, Chair Rail | First |
Kitchen | Flooring - Laminate, Window(s) - Bay/Bow/Box, Dining Area, Pantry, Recessed Lighting | First |
Living Room | Closet, Flooring - Laminate, Window(s) - Picture | First |
Master Bedroom | Closet, Flooring - Wall to Wall Carpet | First |
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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 | $559,920 | $559,920 | $559,920 |
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 | $430 | $430 | $430 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,725 | $3,721 | $4,722 |
Total Monthly Payment | $4,247 | $4,243 | $5,244 |
* 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.