Presented byBill Champagne |
This Preston City historic house was originally built c. 1733 and later expanded c. 1800. Two front doors and 2 staircases allow for creating a semi-separate living space or potential in-law space. The house has a total of 2448 square feet, 5 bedrooms and 1 1/2 bathrooms. Plenty of early character with wide floorboards and 4 fireplaces, one is the original cooking fireplace with side bake oven. Recent improvements include a newer roof, exterior work and chimney work. On an almost half acre lot on a village road, very nice brick patio, large side yards, numerous fruit trees. The 14x20 utility shed has a separate circuit breaker box. Being listed in the Preston City National Register District, there are no restrictions, however there may be some financial incentives for renovation work.
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Sales Associate
William Raveis Real Estate
Phone: 860.884.1311
Bill.Champagne@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $344,000 | $344,000 | $344,000 |
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 | $360 | $360 | $360 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,289 | $2,286 | $2,901 |
Total Monthly Payment | $2,724 | $2,721 | $3,336 |
* 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.