26 Hillside Drive, Groton (Mystic), CT, 06355 | $315,000

Opportunity is knocking!!! Adorable 3 bd 2 ba Cape Cod style home awaits its new owners` updates and finishing touches. With a walk-out lower level a possible in-law unit and an unfinished attic, ready to be transformed into a living space, the possibilities for expansion are endless. Sitting on a 0. 81 acre lot, overlooking the woods down to Haleys Brook, yet still close to shopping off of Gold Star Highway, the new owner can enjoy the best of both worlds. Lower level needs work. Seller is selling as is. Property will most likely not qualify for government financing.

Features

  • Town: Groton
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Lower Level
  • Style: Cape Cod
  • Year Built: 1960
  • Heating: Hot Water
  • Cooling: None
  • Basement: Full,Partially Finished,Full With Walk-Out
  • Above Grade Approx. Sq. Feet: 1,416
  • Below Grade Approx. Sq. Feet: 1,000
  • Acreage: 0.81
  • Est. Taxes: $5,069
  • Lot Desc: Sloping Lot,Cleared
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • Appliances: Cook Top,Wall Oven,Refrigerator,Washer,Dryer
  • MLS#: 24061691
  • Days on Market: 4 days
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /raveis/24061691/26hillsidedrive_groton_ct?source=qrflyer
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Room Information

Type Level
Bedroom 1 Main
Bedroom 2 Main
Eat-In Kitchen Main
Living Room Main
Other Lower
Primary Bedroom Main

William Raveis Family of Services

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Agota Perry HillSales Associate

505.463.2036

Agota.PerryHill@raveis.com

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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203.444.0494

Diane.Padelli@raveis.com

Our Insurance Division:

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203.925.4590

For homebuyers and sellers, our Attorney Network:

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    requirements, sets up escrows and title insurance, coordinates closing documents
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26 Hillside Drive, Groton (Mystic), CT, 06355

$315,000

Agota Perry Hill

Sales Associate

William Raveis Real Estate

Phone: 505.463.2036

Agota.PerryHill@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $252,000 $252,000 $252,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.300% 6.778% 6.034%
Monthly Tax Payment $422 $422 $422
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,634 $1,614 $2,093
Total Monthly Payment $2,131 $2,111 $2,590

* 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.