Welcome to this delightful 3-bedroom ranch (currently being used as a 2 bedroom)nestled in the heart of historic Stafford Springs. This home offers a perfect blend of comfort and convenience, featuring an open floor plan with a spacious kitchen and dining area, ideal for both daily living and entertaining. The cozy living room boasts a stunning fireplace and a picturesque window, offering views of the serene surroundings and filling the space with natural light. The generously sized bathroom is an unexpected bonus, offering plenty of space for relaxation. The oversized main-level laundry room is both practical and convenient, adding to the home's overall appeal. The partially finished walk-out basement provides even more potential, with a separate entrance making it an excellent choice for an in-law apartment or a private retreat. Whether it's for an elderly parent, a child not yet ready to leave the nest, or an opportunity for rental income (perfect for traveling healthcare professionals), this space offers flexibility to suit your needs. Set on a beautifully maintained 2-acre lot, you'll enjoy the peace and tranquility of nature right in your backyard. Stafford Springs offers an abundance of outdoor activities, making it easy to explore and appreciate the natural beauty of the area. Don't miss your chance to make this charming home your own - a unique opportunity to live in one of the area's most iconic towns.
Type | Level |
---|---|
Bedroom 1 | Main |
Bedroom 2 | Main |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | 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 | $231,920 | $231,920 | $231,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $436 | $436 | $436 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,582 | $1,541 | $1,956 |
Total Monthly Payment | $2,093 | $2,052 | $2,467 |
* 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.