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Privacy galore with home positioned well and surrounded by 40+ acres! Potential horse property with one outbuilding could hold a couple horses. This 1985 unique build was an absolute labor of love. Painstaking detail was taken over the 3 year build of a gorgeous Gambrel home. A 2 bedroom apartment is rented out above the garage for added income. The listing is comprised of 3 adjacent lots all included & made up of a 10. 2 acre lot with improvements, a 5. 4 acre lot with frontage & a 26. 5 acre lot in Current Use. The 8 room unit is a premium home with cherry floors, cherry cabinets and multiple wood burning heat sources for low cost heat. This beautifully well kept home has large rooms and tons of daylight and windows throughout. The Full walk-out basement has walk out and could be semi-finished. The attached garage is oversized and set up with heat and own electric panel. The 2 bedroom rental is over the garage and set up well providing quietness away from the main living area. Use the entire 42. 1 acres for your own use (ideal for private hunting), or sell off the 5 acre lot and create a right of way to the 26 acre lot to sell off if you choose. Highest and best use could be a sweet family compound or a farm. The utility cost is minimal with solar array producing more electric than they use currently at a service fee of $35/mo and an outside wood boiler for little to no fuel costs as the oil boiler only kicks on as needed. Set up your showing before this beauty is gone!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $1,026 | $1,026 | $1,026 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,868 | $4,073 | $5,190 |
Total Monthly Payment | $4,986 | $5,191 | $6,308 |
* 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.