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Welcome to 5 Jo Ellen Drive where everyday can be a pool party! This 3-bedroom, 1-bath ranch offers over 1, 600 square feet of flexible living space, with charming exposed beams in the main living area that add character and warmth to the home’s traditional layout. The kitchen is nicely opened to the living room and a bonus mudroom space, which also makes for a perfect dining area, home office, or playroom. The oversized attached garage includes a built-in workbench, ideal for projects or extra storage. The partially finished basement provides even more space to spread out, featuring a fun bartop and hangout area for game nights or casual gatherings. Step outside to your very own summer oasis. An inground pool with a slide and diving board offers endless fun. The composite platform deck with a pergola and adjacent concrete patio create the perfect setup for outdoor BBQ’s! There’s even a poolside changing room/cabana that also houses the pool equipment, keeping everything neat and convenient. Additional outdoor features include an oversized shed with storage above, and plenty of yard space to enjoy. The . 37-acre lot offers privacy with partial fencing, so you can host, relax, and play with ease. Don’t miss your chance to call this perfectly located Merrimack property “home”. Schedule your showing today and dive into all that 5 Jo Ellen Drive has to offer just in time for SUMMER! Showings begin Friday (5/16) morning!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
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 | $525 | $525 | $525 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,275 | $2,365 | $3,014 |
Total Monthly Payment | $2,875 | $2,965 | $3,614 |
* 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.