Presented byGold Key Team |
Charming Cape with Tons of Potential! Nestled on a quiet, dead-end side street, this charming cape has the perfect blend of convenience and tranquility. Ideally located near downtown and major routes for an easy commute, yet just a stone's throw from the scenic Quinebaug Pond with its beautiful views and walking trails, this home is a rare find in today's market. The solidly constructed home features hardwood flooring throughout and an abundance of natural light. The full upstairs is ready for renovation and expansion, with a staircase already in place for the creation of additional living space. The spacious attic, with windows at either end, provides plenty of light and endless possibilities. The first floor has two generously-sized bedrooms, a walk-in closet, and a full bath. The extra-large living room is perfect for entertaining, complete with a cozy brick-surrounded fireplace-ideal for those chilly winter nights. The kitchen is equipped with a new stove/oven and refrigerator, while the basement offers ample space for a workshop, including benches for your projects. Recent upgrades include a top-of-the-line Buderus boiler, water pump and tank, toilet, and 100-amp service, new panel. With its fantastic layout inside and out and endless potential, this home is just waiting for your personal touches and cosmetic upgrades. Don't miss out-this one will go quickly!
Type | Description | Level |
---|---|---|
Bedroom 1 | Main | |
Dining Room | Hardwood Floor | Main |
Full Bath | Main | |
Kitchen | Vinyl Floor | Main |
Living Room | Built-Ins,Fireplace,Hardwood Floor | Main |
Primary Bedroom | Ceiling Fan,Walk-In Closet,Hardwood Floor | Main |
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William Raveis Real Estate
Phone: 860.450.2620
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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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $277 | $277 | $277 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,482 | $1,501 | $1,901 |
Total Monthly Payment | $1,834 | $1,853 | $2,253 |
* 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.