This sunfilled home is located at the end of a quiet dead end street, directly across from the Cocheco River. The charming New Englander is completely updated with both cosmetic and energy efficiet enhancements. A newly remodled kitchen boasts high end stainless steel applicances including a range with convection, air fryer and slow cooker modes. The kitchen opens up to the eat in area perfect for entertaining. The large living room and dining area/flex space features gleeming hardwood floors. There is an updated first floor full bath with laundry. On the second floor you will find 2 generously sized bedrooms with new carpeting and another newly redone sizeable bathroom with shower. Renters will enjoy the 3-season porch that overlooks the Cocheco River and a large deck off the kitchen area. Off street parking. Property is 1/2 mile to Rt 125, and 3/4 mile to Rt 16. Minutes to shopping, restaurants, and downtown Rochester. Tenant pays electricity, oil heat, and takes care of ground maintenance. Security deposit and first months rent due at signing of lease. No smoking, pets are considered.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,840 | $1,840 | $1,840 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $12 | $12 | $16 |
Total Monthly Payment | $87 | $87 | $91 |
* 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.