Nestled on a sprawling 6. 43-acre parcel in the heart of Glastonbury, this 4, 220-square-foot contemporary stucco home is brimming with opportunity. Featuring a dynamic layout and sun-filled spaces, this property is ready for your vision to bring it to life. Whether you're drawn by the expansive acreage or the potential to personalize every corner, this home has a unique combination of privacy and proximity to local amenities, giving you the best of both worlds. Don't miss your chance to create your dream retreat in this prime location. Schedule your private tour today! This 4, 220 sq. ft. contemporary home features a truss, clay-tiled Hip roof, and metal studded drywall walls; this home is built for efficient remodeling. The unique spiral staircase is a striking centerpiece. The lower level has been prepped for updates with the drop ceiling removed. Estimate a renovation budget of approximately $300, 000 to $325, 000, with a remodeled value projected to appraise between $1. 3 -1. 5m
Type | Level |
---|---|
Bedroom 1 | Lower |
Bedroom 2 | Lower |
Dining Room | Upper |
Dining Room | Upper |
Kitchen | Upper |
Living Room | Upper |
Office | Lower |
Primary Bedroom | Upper |
Rec/Play Room | Lower |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.423.2254
David.Lewis@raveis.com
NMLS Mortgage Loan Originator ID 49042
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | $950 | $950 | $950 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,920 | $4,253 | $5,766 |
Total Monthly Payment | $4,962 | $5,295 | $6,808 |
* 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.