Presented byRod Cross |
Well cared for New Englander in low tax Wakefield. This property has beautiful granite countertops, showers, tub and bar. There is a sun porch to sit and enjoy. Vaulted & beamed ceiling in the kitchen which also has a beautiful wood floor. There is a first floor bedroom as well as built ins in the living room. There is an in-law apartment attached to the home with great rental history. There are 2 garages under the main home. Included with the home is a very reputable granite business and all the tools, truck and fork truck to run the business. The shop itself is included and has a large media room/man cave above. A stones throw from Lovell Lake. You can walk to local restaurants, stores, the bank and school. Much more than meets the eye here!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
Sales Associate
William Raveis Real Estate
Phone: 203.240.1577
Rod.Cross@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $400 | $400 | $400 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,526 | $5,989 | $8,166 |
Total Monthly Payment | $6,051 | $6,514 | $8,691 |
* 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.