Quonnipaug Hills Condominium Complex is nestled in the tranquil North Guilford landscape. Situated within a short distance to the Lake Quonnipaug recreation area and beach, outdoor enthusiasts will delight in the proximity to swimming, kayaking, and scenic strolls. This 2-bedroom, 1. 1-bath condominium also conveys with a detached 1 car garage. Priced at $184, 900, this rear end unit spans 911 square feet and is being sold in "as is" condition. Step inside to find a practical galley kitchen with wall cut-out to open the kitchen to the living room. The living area, warmed by a wood-burning stove, opens through sliders to a private deck where the woods provide a private backdrop for relaxation and intimate gatherings. The primary bedroom features a cathedral ceiling, ample walk-in closet, and sliders that lead to a private balcony with views of the woods. The unit's potential shines through, ready for updates to realize its full charm and is being sold in "as is" condition. This property represents an exceptional opportunity to create your dream home or investment in a sought-after location. HOA is $294 a month. $35 water assessment and $28. 20 reserve fund assessment end at the end of 2024. $50 paving assessment ends at the end of November 2024.
Type | Level |
---|---|
Bedroom 1 | Upper |
Dining Room | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Upper |
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $147,920 | $147,920 | $147,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $204 | $204 | $204 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,009 | $983 | $1,268 |
Total Monthly Payment | $1,288 | $1,262 | $1,547 |
* 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.