Discover the untapped potential of this classic raised ranch. This home offers a unique opportunity to add your personal style into a space that combines the ease of single-level living with the versatility of a full lower level. While this residence may benefit from updates, there are many possibilities. The existing layout provides a solid foundation for an open-concept renovation or a more traditional approach, depending on your preferences. The bedrooms are well-proportioned, offering a comfortable retreat with the promise of transformation into modern sanctuaries. The lower level presents options for additional living space, a home office, or an entertainment area. Set in a neighborhood known for its peaceful charm, this property is a hidden gem for those looking to customize their home experience. Close to Electric Boat, Sub Base and casinos. Selling " as is". Highest and Best due by Thursday November 21st @10 am.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Wall/Wall Carpet | 11.0 x 11.0 | Main |
Bedroom 2 | Wall/Wall Carpet | 11.0 x 10.0 | Main |
Bedroom 3 | Tile Floor | 11.0 x 11.0 | Lower |
Dining Room | Combination Liv/Din Rm | 12.0 x 12.0 | Main |
Family Room | Built-Ins,Tile Floor | 23.0 x 14.0 | Lower |
Kitchen | Eating Space,Tile Floor | 11.0 x 11.0 | Main |
Living Room | Bay/Bow Window,Ceiling Fan,Combination Liv/Din Rm,Fireplace,Hardwood Floor | 14.0 x 12.0 | Main |
Primary Bedroom | Ceiling Fan,Wall/Wall Carpet | 14.0 x 12.0 | Main |
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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 | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.518% |
Monthly Tax Payment | $453 | $453 | $453 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,267 | $1,250 | $1,612 |
Total Monthly Payment | $1,795 | $1,778 | $2,140 |
* 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.