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TWO SINGLE FAMILY HOMES, two additional structures (storage) and 2 LOTS (totaling 5. 28 acres) complete this listing package! The main house, at the end of the cul-de-sac is a 3 bedroom, 2. 5 bath Colonial built in 1996 with hardwoods throughout oversized rooms, high ceilings, large office space and a workshop above a 2 car garage with steel I-beam hoist! The ranch house is 1192 sq ft, 6 rooms w/ 3 bedrooms, 1 bath, harwood flooring and was built in 1960/63. Both homes serviced with gas heat, town sewer and water. HT zoning (on Rte 18) offers tremendous opportunity to the next owner(s) including and not limited to: Conversion of an existing residential structure for use as a clinic or office of a business, professional, medical/veterinarian or financial organization; barbershop; beauty salon; giftshop; 2 family dwelling & much more! Close to S. Shore Hospital, T-station, highway, shopping/restaurants. Run your business on your property! Live together but seperately with family! Rent it!
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Our Executive Mortgage Banker:
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$1,550,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.750% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.865% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,138 | $8,043 | $10,548 |
Total Monthly Payment | $7,263 | $8,168 | $10,673 |
* 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.