***MULTIPLE OFFERS. HIGHEST & BEST OFFERS DUE BY TUES 9-17 AT 5PM. *** Incredible Opportunity to own 11. 9 acres in North Coventry with 2 ponds, 2 waterfalls and fields for you to cultivate your dreams! This 4 bedroom, 2. 5 bath colonial has 9 rooms and an enclosed front porch that looks out at the pond. The front to back kitchen with stainless steel appliances has bold unobstructed views of the pond from the dining area. The large living room with fireplace and picture frame wood work is open to the dining room which has sliders to the back yard. A home office is located in between the Great room and the living room. Beyond the living room is a huge great room with vaulted ceiling, exposed beams, wood stove, built in bar, cabinets and shelving. The great room has doors leading to the enclosed porch and a door leading to the back yard. On the upper level are 4 bedrooms with hardwood floors. Trails lead around the ponds to the waterfalls. The running water can be heard from the yard and inside the house with windows open. The level fields might be a perfect place for a barn & horses. This home is waiting for you to bring your ideas for updates and return it to its glory. The attached 2 car garage & a garage door into the basement make this ideal for anyone who needs to store equipment. This property borders the Skungamaug River Golf Course (17th and 18th holes) AFRICANO POND is registered class A dam #201027. Contract must say "AS-IS" and "SUBJECT TO PROBATE COURT APPROVAL
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Bedroom 2 | Hardwood Floor | Upper |
Bedroom 3 | Hardwood Floor | Upper |
Dining Room | Hardwood Floor | Main |
Eat-In Kitchen | Main | |
Full Bath | Stall Shower,Whirlpool Tub | Upper |
Great Room | Skylight,Cathedral Ceiling,Beams,Built-Ins,Ceiling Fan,Wood Stove | Main |
Half Bath | Main | |
Living Room | Bay/Bow Window,Fireplace,Hardwood Floor | Main |
Office | Hardwood Floor | Main |
Primary Bath | Stall Shower | Upper |
Primary BR Suite | Full Bath,Hardwood Floor | Upper |
Sun Room | Main |
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,920 | $319,920 | $319,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $697 | $697 | $697 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,944 | $1,916 | $2,528 |
Total Monthly Payment | $2,716 | $2,688 | $3,300 |
* 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.