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SUNDAY 4/27 OPEN HOUSE CANCELED - Waterfront Living with Stunning Views & Sunsets on Spur Rd in Dover. Welcome to this unique waterfront property in desirable South Dover, set along the scenic Bellamy River. This home offers water access, breathtaking views & spectacular sunsets that will leave you in awe every day. With a versatile floor plan &a lower-level apartment, this property is perfect for multi-generational living or those seeking additional income potential. The main level of the home is thoughtfully designed for comfort & convenience. A large, open kitchen seamlessly flows into the dining area, which offers sweeping views of the water. On one wing of the home, you'll find two spacious bedrooms, including the primary suite with its own private bath. The guest bedroom also features a nearby bath. On the opposite wing, enjoy the perfect space for a home office & 3rd bedroom. The lower level apartment is a standout feature, providing ample space with a full kitchen, bedroom, bath & a cozy living area with a gas fireplace. The apartment has its own private entry & driveway, offering privacy & convenience. While it has been used as a rental in the past, it is currently being used as a home office, gym & bonus space. Additional unfinished storage space is also located on the lower level. Home is serviced by public water, sewer & natural gas. Waterfront living in a picturesque location & the extra space for family, guests, or rental potential.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $1,045 | $1,045 | $1,045 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,084 | $4,605 | $6,069 |
Total Monthly Payment | $5,221 | $5,742 | $7,206 |
* 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.