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Presented by![]() Stephano Stravoravdis |
Presenting 754 West Road in Salem, CT, a dynamic and compelling 5-bedroom, 2 full and 2 half-bath colonial offering well over 2200 square feet of beautifully designed living space, including a rare in-law apartment with its own entrance. Perfect for multigenerational living or a primary first-floor suite, this home has been meticulously revamped with gleaming hardwood floors in the kitchen, dining room, and living room, pristine tilework in the bathrooms, and brand new carpet on the second level. The first-floor in-law suite includes a cozy kitchen, spacious bedroom, and large closet, connected to the main house through a bright mudroom that doubles as a pantry and laundry room. Above the oversized two-car garage, two heated rooms provide versatile spaces for guests or various uses. The remodeled kitchen opens to the dining room, inviting natural light and warmth. The second floor features four bedrooms, one functioning as a primary suite with a half bath. The expansive front and backyards, enhanced by the removal of nearly a dozen trees, are perfect for play and entertaining, complemented by new Trex decking at the front entrance, off the mudroom, and leading to the in-law apartment. This home offers incredible value and is perfect for families and multigenerational living. Please come and take a look.
Type | Description | Level |
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Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Bedroom 3 | Upper | |
Dining Room | Hardwood Floor | Main |
Living Room | Fireplace,Hardwood Floor | Main |
Primary Bedroom | Half Bath | Upper |
Primary BR Suite | Remodeled,Balcony/Deck,Bedroom Suite,Stall Shower,Patio/Terrace,Laminate Floor | Main |
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$495,000
Sales Associate
William Raveis Real Estate
Phone: 860.801.2087
Stephano.Stravoravdis@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.585.3916
Bobby.Kazarian@raveis.com
NMLS Mortgage Loan Originator ID 1875225
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $494 | $494 | $494 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,668 | $2,632 | $3,395 |
Total Monthly Payment | $3,237 | $3,201 | $3,964 |
* 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.