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Direct WATERFRONT on the Trout River that ultimately leads to the Atlantic Ocean for under $500k. . . WHAT?! This unique property offers almost ½ acre of space w/over 100 feet of river frontage & a newer boat lift waiting for your dock reconstruction. no HOA—giving you the freedom to truly make this your own. Far from cookie-cutter, this home features breathtaking river views, a wood-burning fireplace, a primary bedroom on the 1st floor, & some cool stairs that lead to a spacious second-story loft/game room (we are counting as the 4th bedroom, which also has a full bathroom - think about airbnb, padsplit, or extended family space) which includes the pool table AND bar! This section has its own entrance, by the way, but is connected. Bring all your toys! There are two storage buildings, room for boats, RVs, & more in a secluded, really cool section of the neighborhood. Not a quiet backyard, but THE RIVER IS RIGHT THERE! Newer WHOLE HOUSE generator IS INCLUDED! MUST DRIVE BY, seriously.
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Our Executive Mortgage Banker:
Our Insurance Division:
$495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $396,000 | $396,000 | $396,000 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $458 | $458 | $458 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,503 | $2,601 | $3,315 |
Total Monthly Payment | $3,036 | $3,134 | $3,848 |
* 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.