Welcome to this COULD be charming 3 bedroom, 2 bath cape situated in the desirable Candlewood Shores lake community, offering stunning lake views and endless potential. The main floor features a bedroom with connecting sunroom, perfect for enjoying your morning coffee while soaking up the lake views. The living room also boasts a sunroom, providing additional natural light and a serene space to relax. This home REQUIRES SIGNIFICANT RENOVATION, but its layout is ideal for happy living or hosting guests. The home is also situated on a double lot with possibilities for outdoor entertaining and there's plenty of room for landscaping enthusiasts to create your own oasis. Candlewood Shores is known for its vibrant community atmosphere, with access to private beaches, boating, and recreational activities just steps away. This is a fantastic opportunity to invest in a picturesque location and make this house your own. Don't miss out on the chance to be part of this sought-after community! Candlewood Shores is a tax district, not a HOA. District taxes are paid to Candlewood Shores Tax District in addition to the regular taxes to town of Brookfield. The district tax is $753. 38 paid in 2 instalments of $376. 69. The water is metered & billed on actual usage 3 times a year.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Sliders,Hardwood Floor | 9.6 x 12.3 | Main |
Bedroom 2 | 9.5 x 15.8 | Upper | |
Dining Room | 9.3 x 13.4 | Main | |
Living Room | Fireplace,Wood Stove,Sliders,Hardwood Floor | 13.6 x 15.6 | Main |
Other | Sliders | 9.4 x 13.0 | Main |
Other | 9.8 x 9.1 | Main | |
Primary Bedroom | Skylight | 14.0 x 17.0 | 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 | $239,200 | $239,200 | $239,200 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $468 | $468 | $468 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,017 |
Total Monthly Payment | $2,134 | $2,133 | $2,560 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.