417 Washington Street has won two preservation awards from the Norwich Historic Society. Successful Air BNB in place, in In-Law suite. Nestled in the heart of the historic district of Norwichtown, this extraordinary residence, built in 1771 by Felix Huntington and his wife Anna, is a rare blend of rich history and timeless charm. This five-bedroom, three-bathroom home has been lovingly maintained and recently updated, including a freshly painted exterior that highlights its classic architectural details. Step inside to find three working fireplaces, each exuding warmth and character, with one in the kitchen offering the perfect ambiance for cozy gatherings. The in-law suite, complete with its own full kitchen, bathroom, bedroom, and living room with a private entrance, yields exceptional versatility. The current owners have leveraged this space as a historic AirBnB, earning a prestigious 5-star rating from 34 stays. Recognized as being in the top tier of AirBnBs based on reliability, ratings, and reviews, this suite has generated impressive income over two years, with documented reviews and earnings available for prospective buyers. This residence is more than just a home; it's a living testament to the enduring craftsmanship and legacy of the Huntington family, set against the serene and historic backdrop of Norwichtown. Upgrades over the past few years: New soffit and fascia, new leaf proof gutters and downspouts, new exterior paint job, rebuilt portions of stone walls in back yard and there is a new stone retaining wall being built in front of the house in 2 weeks, new gas furnace, new dishwasher and refrigerator freezer in the kitchen, new chimney for kitchen fireplace, second furnace converted from oil to gas boiler (house is all on natural gas), new gas fireplace in family room, new insulation and drywall in garage, whole house generator and whole house surge protector, and we will include the Ring security system on the house which includes motion detectors, window sensors, outdoor cameras and floodlights and indoor cameras. Floors in kitchen, main hall and living room have been stripped, freshly stained and polyurethaned in the past 2 years. Felix Huntington, a skilled cabinetmaker and relative of Samuel Huntington-the first President of the Continental Congress-crafted this home with the same meticulous care he gave to his fine furniture, ensuring that it would stand the test of time.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Bedroom 3 | Upper |
Bedroom 4 | Upper |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Upper |
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NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $807 | $807 | $807 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,036 |
Total Monthly Payment | $3,277 | $3,275 | $3,918 |
* 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.