Welcome to this fabulous highly desirable Carriage Crossing Condo Complex. The largest 1 bedroom unit with a loft has a ton of potential. Turn this unit into exactly what you want! Enter into vaulted living room with a cozy fireplace, central air, and lots of natural light. 2nd floor unit with very minimal walking from parking right out front. Priced way below market value for work needed, get ready for instant equity. Carriage Crossing is a resort style community with everything you would want and more: outdoor pool, tennis court, jacuzzi, exercise room, and racquet-ball court. Conveniently located near I-91, downtown Middletown, Wesleyan University, as well as local shops, restaurants, and shopping. It is in a perfect location for anyone commuting to Hartford or New Haven.
Type | Description | Level |
---|---|---|
Kitchen | Main | |
Living Room | Vaulted Ceiling,Fireplace | Main |
Loft | Upper | |
Primary Bedroom | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
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 | $80,000 | $80,000 | $80,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $221 | $221 | $221 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $553 | $532 | $675 |
Total Monthly Payment | $849 | $828 | $971 |
* 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.