Presented bySiobhan McLaughlin - Siobhan McLaughlin Team |
Townhouse condo in a fabulous location just steps from Wesleyan University and bustling Main Street filled with shops and restaurants! Great rental unit possibility! Located in the historical Central School that was converted to condos in 1980, this spacious condo offers high ceilings and big windows. The living room is open to the remodeled kitchen with granite counters, subway tile backsplash and center island. A half bath with exposed brick completes the main level. Upstairs features the bedroom suite with full bath, dressing area with closet and vanity with sink, and a wall of windows letting the natural light in. Enjoy a conversation on cool fall evenings on the front deck. Other features include a basement storage unit and two assigned off-street parking spaces. Make this your new home or a great new investment - next-door to the new Wesleyan Art Lab being constructed, 1/2 mile to Middlesex Hospital, and three blocks from the CT Riverfront. Welcome Home!
Type | Description | Level |
---|---|---|
Kitchen | Remodeled,Island | Main |
Living Room | Wall/Wall Carpet | Main |
Primary Bedroom | Bedroom Suite,Full Bath,Wall/Wall Carpet | Upper |
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William Raveis Mortgage, LLC
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NMLS Mortgage Loan Originator ID 10930
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $135,360 | $135,360 | $135,360 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $225 | $225 | $225 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $822 | $822 | $1,070 |
Total Monthly Payment | $1,122 | $1,122 | $1,370 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.