38 Lake Street, Salem, NH, 03079 | $500,000

Charming Salem Home! This 1960 Cape is situated convenient to Salem public schools, parks, shopping, restaurants & entertainment options. Tuscan Village is only minutes away. The cozy living spaces have been thoroughly updated for a move in ready experience. Upon arrival you will see the new driveway, brick paver walkway and granite entry steps. A modern kitchen (Brand New) boasts granite counter tops, soft closing cabinets and drawers, stainless appliances, and modern lighting. Fresh paint, refinished hardwood flooring, new carpet, updated bathroom that features and Bluetooth exhaust fan speaker. Settle into the living room and enjoy the electric fireplace while having a game night or reading a favorite book. The detached garage is 23ft by 15ft 6 inches which allows for up to two smaller vehicles or one car with valuable storage areas. Transform the back yard into your outdoor oasis.

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 1 full
  • Style: Cape
  • Year Built: 1960
  • Garage: 1-car Garage
  • Heating: Baseboard,Hot Water,Radiant
  • Cooling: None
  • Basement: Bulkhead,Concrete Floor,Full,Stairs - Interior,Storage Space,Unfinished,Exterior Access,Stairs - Basement
  • Approx Sq. Feet: 1,224
  • Acreage: 0.77
  • Est. Taxes: $6,150
  • Lot Desc: City Lot,Landscaped,Level,Street Lights,Wooded,Near School(s)
  • Elem. School: William E Lancaster School
  • Middle School: Woodbury School
  • High School: Salem High School
  • School District: Salem School District
  • MLS#: 5020812
  • Website: https://www.raveis.com
    /prop/5020812/38lakestreet_salem_nh?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/13/2024
Listing courtesy of Keller Williams Realty-Metropolitan   Phone: 603-232-8282
Listing Agent: Jim Harvey

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

38 Lake Street, Salem, NH, 03079

$500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $400,000 $400,000 $400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $513 $513 $513
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,729 $2,659 $3,373
Total Monthly Payment $3,333 $3,263 $3,977

* 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.