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1906 Captain Dr, Fredericksburg, VA 22408
4 beds · 5 baths · 3,419 sqft
Showing like-brand new... nestled on a quintessential neighborhood street... and in a charming riverfront community? ‘Wow’ is truly the key word at 1906 Captains Drive! Constructed in 2017 and gleaming like-new, this residence spans four bedrooms, four baths and more than 3,700 finished square feet on three levels. It was built by Drees Homes and sits in the New Post on the Rappahannock community – within a 15-minute stroll, you’re at the shore of the Rappahannock with dock and boating access. Within a five-minute stroll in the neighborhood there is a splash pad, new park, playground, pool and more. Zooming in on the homesite, you’ll see that the front and back yards are lovely with fresh landscaping. For parking, a concrete driveway leads to a two-car garage. Out back, the space includes a wonderful patio and amazing plants. The sunsets that you can see from this home are just exquisite! Heading inside, it’s true classic yet contemporary and open bliss as modern LVP flooring stretches throughout! You’re greeted to the left with the main level primary bedroom and ensuite. Upon entry, you are aslo greeted by an office or den. Continuing on, you’ll arrive to the open living, dining and kitchen space. The kitchen includes upgraded countertops, beautiful cabinetry, new pendant lighting, a huge breakfast bar/island, stainless steel appliances and an enormous pantry. Rounding out the main level is a mudroom/laundry space. Upstairs are three carpeted bedrooms and two baths. You arrive at a carpeted loft area that may easily serve as a play space. We have a basement here, too! The majority of it is newly finished and super-dynamic – it can easily house a kids’ area, working station, home gym set-up and more. There are also two unfinished areas for fabulous storage. As you may expect with a 2017 build, the home’s systems are working well and have been regularly maintained. From the homesite, the Spotsylvania VRE station is just 5 minutes west! I-95 access as well as the abundance of shopping, dining and grocery options within Cosner’s Corner is within 10 minutes west. The heart of Downtown Fredericksburg is just 10 minutes north! This is such a rare opportunity to snag a move-in ready, like-new colonial in one of Fredericksburg’s amenity-filled communities!
Source: BRIGHT #VASP2032974
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VASP2032974
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
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