Sprawling Raised Ranch in Gales Ferry, CT - Your Perfect New Home Awaits! Welcome to this spacious and beautifully maintained raised ranch in Gales Ferry, CT! Featuring three bedrooms and two full baths, this home offers the perfect blend of comfort and functionality. The main level features beautiful hardwood floors throughout, creating a warm and inviting atmosphere for both everyday living and entertaining. One of the bathrooms has been recently renovated, offering a fresh and modern touch. The finished lower level expands your living space with a large recreation room, an additional bedroom, and an office area - ideal for working from home or creating a private retreat. Stay cozy year-round with a wood stove, adding both warmth and charm to this versatile space. Step outside and enjoy your own private oasis with a large yard, perfect for outdoor activities and relaxation. The deck provides an excellent spot for entertaining, while the above-ground pool is perfect for enjoying summer days. The home also includes a garage for added convenience and storage. The roof is just 9 years old, offering peace of mind for years to come. Located just a short distance from local employers such as NL Subbase, Electric Boat, and Pfizer, this home offers convenient access to major work hubs in the area, making your commute a breeze. Don't miss out on this incredible opportunity - discover all the possibilities this home has to offer!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Hardwood Floor | 10.5 x 10.3 | Main |
Bedroom 2 | Hardwood Floor | 9.3 x 10.9 | Main |
Dining Room | Balcony/Deck,Ceiling Fan,Combination Liv/Din Rm,Sliders,Hardwood Floor | 10.9 x 11.1 | Main |
Full Bath | Remodeled,Tub w/Shower,Tile Floor | 10.5 x 6.8 | Main |
Full Bath | Stall Shower,Laundry Hookup,Tile Floor | 7.1 x 7.1 | Lower |
Kitchen | Ceiling Fan,Pantry,Hardwood Floor | 10.5 x 12.1 | Main |
Living Room | Combination Liv/Din Rm,Hardwood Floor | 12.9 x 15.1 | Main |
Office | 21.3 x 11.4 | Lower | |
Other | 11.8 x 12.0 | Lower | |
Primary Bedroom | Hardwood Floor | 10.5 x 13.5 | Main |
Rec/Play Room | Built-Ins,Wood Stove,Wall/Wall Carpet | 23.3 x 22.0 | Lower |
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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 | $276,000 | $276,000 | $276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $494 | $494 | $494 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,813 | $1,834 | $2,328 |
Total Monthly Payment | $2,382 | $2,403 | $2,897 |
* 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.