This classic center-entrance colonial home offers a serene retreat nestled in the heart of Norwich. Surrounded by trees and tranquility, it offers the perfect blend of updated functionality and traditional colonial appeal. The current owners have made significant investments that enhance the quality of life in the home, ensuring your comfort and ease of living. These include a solar array which takes full advantage of the home's SW orientation, a Tesla Energy Storage unit providing whole home back-up power, and central HVAC systems. Other enhancements, such as newly refurbished chimneys, a new wood burning insert in the Rear Living Room, and a new woodburning firebox in the Front Living Room further add to the inviting appeal of this classic home. Enjoy cheerful gatherings around the newly rebuilt backyard fireplace patio. The expansive deck and screened porch extend the home’s living area and are perfect for relaxing or entertaining. This offering presents an opportunity to own a wonderful home with updated amenities and classic charm. Don't miss your chance to make this special property your own.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,369,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,095,920 | $1,095,920 | $1,095,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | $1,465 | $1,465 | $1,465 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,395 | $6,927 | $9,248 |
Total Monthly Payment | $7,985 | $8,517 | $10,838 |
* 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.