Typically speaking, what you see is what you get. But here at 379 Frost Road there’s much more than meets the eye. To get a full appreciation of this house and property, we need to step back into time to the 1980’s. Designing and building this home was a sincere labor of love with no detail being overlooked. A stone wall skirts the driveway from the road leading you up to the house where you’re greeted by a grand covered porch and even a gazebo built into the deck all looking out on to the manmade pond and tranquil woods beyond. All the of timber for this house was sourced right here from the land, from the solid logs used on the exterior, to the pine board floors inside. Stepping inside onto the slate stone entry, you can imagine how this home once was polished and gleaming as each room filled with natural light as it beamed in through the sunroom windows. Today, the house needs some elbow grease and TLC. If you’re someone with a bit of gumption and money, this house could once more be great. There’s indisputably great ROI here, the question is, are you the right person to restore this one of a kind property? The house and property are being sold as-is, personal property conveys with the sale. Cash or rehab loan likely needed. Schedule your private viewing today.
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William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $252,000 | $252,000 | $252,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $433 | $433 | $433 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,719 | $1,675 | $2,161 |
Total Monthly Payment | $2,227 | $2,183 | $2,669 |
* 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.