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Adorable Waterford Cape perfect for a 1st time home, starter, retirement or Investor. Nice big kitchen with a ining area and appliances. Large family rm and full Bath with stand up shower on 1st floor. 2 bedrms upstairs. Town has it as a 1 bedrm but there are 2 rms upstairs that could be used as 2 bedrms. Living rm is also big and could be split into another room as well for an office. Full Basement with updated electrical. Forced hot air heating. Sits nicely off the road with a front porch and private back patio for cookouts. Shared driveway with the 2 houses in the front but sits privately off the road. City water & City Sewer, LOW TAXES 2484 a year & a nice lot. Currently rented for 1400 a month and tenant pays heat, hot water, electricity, water and sewer. Perfect if you want to use as an investment. Some pictures are prior to renting. 224, 000
Type | Level |
---|---|
Bedroom 1 | Upper |
Full Bath | Main |
Kitchen | Main |
Kitchen | Main |
Primary Bedroom | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $207 | $207 | $207 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,006 | $1,046 | $1,333 |
Total Monthly Payment | $1,288 | $1,328 | $1,615 |
* 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.