This PACKAGE DEAL is a rare find in a desirable neighborhood, with significant income potential! Property includes 1) a charming 4-bedroom house with 3-car garage on 3. 45 acres, 2) an updated attached 1-bedroom, 1. 5 bath accessory apartment with garage and office and 3) two separate parcels of land, approximately 1-acre each. Bonus features include a heated in-ground concrete pool with outdoor shower, fenced yard for pets, mature landscaping and perennials, irrigation, and a fruit orchard. Seller-owned solar panels and a brand new septic system installed in September 2024 are just some of the added value in this property. Conveniently located near Belchertown schools, stores and restaurants, and just minutes away from the entrance to the Quabbin Reservoir and many nature-based activities. This property is perfect for multi-generational living or for those who want to use rental income to help pay their mortgage! OPEN HOUSE November 23, 11-1.
Type | Level |
---|---|
Bedroom 2 | Second |
Bedroom 3 | First |
Bedroom 4 | First |
Dining Room | First |
Kitchen | First |
Living Room | First |
Master Bedroom | Second |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $562 | $562 | $562 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,747 | $4,118 | $5,525 |
Total Monthly Payment | $4,401 | $4,772 | $6,179 |
* 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.