Direct Year 'round Bantam Lake Waterfront Ranch with vast views of CT's largest natural lake. This 2 bedroom/2 bath lake home on public sewer makes it possible to build a second level and/or finish the lower level. Or, simply enjoy this well maintained home as the current owner has for the past 30 years. Savor amazing sunrises and views anytime of year in the all season room with windows from one side to the other. Between the home and the lake is a nice sized lawn with a patio and hot tub. Set in the heart of Litchfield County, Bantam Lake is just minutes to Arethusa's Farm Dairy, Al Tavolo Restaurant, and Arethusa A Mano. The Litchfield Green is only 10 minutes away, with it's wonderful restaurants, shops and even a new rooftop bar.
Type | Description | Level |
---|---|---|
Bedroom 1 | Main | |
Kitchen | Main | |
Living Room | Fireplace,Vinyl Floor | Main |
Primary Bedroom | Main | |
Sun Room | Main |
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William Raveis Real Estate
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Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $637 | $637 | $637 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,370 | $4,799 | $6,407 |
Total Monthly Payment | $5,099 | $5,528 | $7,136 |
* 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.