Discover the perfect blend of residential comfort and business opportunity in this expansive 1, 700 sq. ft. ranch, that has been recently updated! This home features 3 generously-sized bedrooms, 1 full and 2 half bathrooms, and provides ample space for family living. Kitchen upgrades include new appliances and back splash, as well as two newly renovated bathrooms. The open-concept layout is ideal for entertaining, while large windows fill the home with natural light, showcasing the scenic surroundings. Newer roof with solar panels to keep electric bills down, heated roof edge for those cold New England days, and a whole house generator so you're never without power! The lower level includes a unique benefit: a store front or business space, perfect for entrepreneurs or those seeking a flexible work-from-home setup. With separate access, this space is ready for your retail shop, office, or studio. Ample parking is available, making it convenient for both residents and clients alike. Enjoy the peace and privacy of country living, all while being just a short drive from downtown, and walking distance to Lake Pocotopaug! This property has endless potential-don't miss the chance to make it yours!
Type | Level |
---|---|
Bedroom 1 | Main |
Bedroom 2 | Main |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Main |
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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 | $295,920 | $295,920 | $295,920 |
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 | $474 | $474 | $474 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,044 | $1,967 | $2,496 |
Total Monthly Payment | $2,593 | $2,516 | $3,045 |
* 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.