Welcome to 78 Nelkin Rd, a classic original-owner property in Colchester CT; with the combination of convenience, and community, this home is set amongst picturesque landscapes and traditional New England wildlife. You will find a ranch-style home that possesses charm and practicality, representative of what has made Colchester an attractive town to live in for many years. Following 40 years of prideful ownership, an opportunity is available to live among the Heatherwood development (same builder) at a modest cost. The outdoor space of this property is a highlight, the previous owners enjoyed; morning coffee on the back deck, an evening beverage in the private outdoor sitting area, and summer dips in the above-ground swimming pool. For the gardener, there are multiple perennial gardens, and a sun-lit southern exposure location where an extensive vegetable garden flourished for decades. Inside the home, it is apparent how much additional space each room has for a classic ranch. Each room graciously benefits from the 2 bedroom layout. Hardwood floors shine in the sun filled living room, full of natural light from the large picture window. A table for 6 will comfortably fit in the roomy eat-in kitchen, equipped with newer stainless steel appliances. Both bedrooms are oversized, the master bedroom measures 12' by 16' and contains a full room-width closet. The basement includes over 500 square feet of finished space, and is heated by a woodstove. Laminate floors & paneled walls will make for a durable rec area, suitable for many entertaining activities. The full-size walk out basement door leads to the back yard, and the 18' diameter above ground pool, the recently painted back deck is an ideal location to relax and watch the sun set over Bulkeley Hill. Schedule today, do not miss an opportunity to own the Colchester lifestyle at a great price!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Wall/Wall Carpet | 12.0 x 14.0 | Main |
Kitchen | Eating Space,Laminate Floor | Main | |
Living Room | Bay/Bow Window,Hardwood Floor | Main | |
Primary Bedroom | Wall/Wall Carpet | 12.0 x 16.0 | 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 | $235,920 | $235,920 | $235,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $333 | $333 | $333 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,570 | $1,568 | $1,990 |
Total Monthly Payment | $1,978 | $1,976 | $2,398 |
* 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.