Situated atop Ansonia Hill, this property presents a compelling opportunity for investors or owner-occupants. Nestled in a quiet cul-de-sac within a tranquil neighborhood setting, this home has significant potential for value appreciation. While priced to reflect its current condition, the property will require some interior cosmetic updates to reach its full potential. Recent improvements include a new roof and windows installed in 2020, enhancing the home's structural integrity and energy efficiency. The spacious family room features an inviting fireplace and sliding doors that open to a rear patio, perfect for indoor-outdoor living. An unfinished basement with high ceilings provides ample space for future expansion or customization. Additional features include: Hardwood floors throughout the main level. A deep, private lot offering seclusion and outdoor space. Excellent opportunity for first-time homebuyers to build equity through strategic improvements. This property represents an ideal investment for those seeking to capitalize on the real estate market's potential or for homeowners looking to create their dream living space in a desirable location. Being Sold "AS IS" Any Inspections will be for information purposes only. Investor bring your ideas for a quick winter project. Can potentially have the house done and back on the market for spring 2025. Being Sold "AS IS" Any Inspections will be for information purposes only.
Type | Level |
---|---|
Bedroom 1 | Main |
Bedroom 2 | Main |
Family Room | Lower |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | 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 | $255,920 | $255,920 | $255,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $375 | $375 | $375 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,681 | $1,681 | $2,142 |
Total Monthly Payment | $2,131 | $2,131 | $2,592 |
* 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.