Fully updated home in spectacular Colchester neighborhood. This home has been renovated from the studs up and includes all new features: plumbing, electrical, architectural shingle roof, septic tank, deck, on-demand boiler/water system, flooring, paint, sheetrock, windows, garage doors, lighting, framing, electric fireplaces, kitchen, bathrooms, and so much more. It is like a new build, without the price tag of a new build! The home is 90% complete and will be finished for a buyer within the next 30 days. Situated on a very usable . 39 acre corner lot in a desirable community, this home is like a new build; low maintenance and costs for years to come. The main living level offers a spacious living room with electric color changing fireplace, fully updated kitchen with SS appliances and granite counter tops. There is a slider to the deck back deck overlooking your large corner lot. Down the hallway there are three bedrooms, including a master with attached half bath. New carpet is being installed this week in the bedrooms. The fully renovated lower level has a second living room with color changing electric fireplace, bonus room with closet and exterior walk-out door. There was an added 3/4 bath and laundry room. The garage has been sheet rocked and had recess lighting installed, with new utilities, generator hookup, and new garage doors. Showings begin Friday 11/8
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Our Executive Mortgage Banker:
Our Insurance Division:
$540,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $432,000 | $432,000 | $432,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $335 | $335 | $335 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,984 | $2,910 | $3,675 |
Total Monthly Payment | $3,411 | $3,337 | $4,102 |
* 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.