A beautiful well maintained 1880s home on the Hills of Willimantic. This home is filled with ample opportunities to raise a family, relocate to the wonderful town of Willimantic or invest in off campus housing for Eastern University students/professors! Become a townie! The house sits high just minutes from campus and all your local shops- which include the COOP, amazing restaurants, malls, the brand new community center with an indoor pool and gym, and the stunning SHABOO stage (where many artists have performed, and festivities have been held). It's easy to spark joy here during THIRD THURSDAYS where you will get the opportunity to try authentic foods and explore the local businesses here in town. Cheer on the 4th of July parade with all the supporters and friendly faces and even kayak down the river on a hot summer day! 200 Prospect Street is a one of a kind historic home that has been immaculately cared for and its clear once you move in you never want to leave! 1880-1935 Dwight Abel lived here and taught piano to anyone who wanted to learn (his piano is still in the house to this day!). 1935-1955 Robert Hinman Mayor of Willimantic. 1955-2024 Clarence and Muriel Hinkley, lifelong residence of town while raising a wonderful family! Clarence built the garage in the backyard with his bare hands! What you can't see in the photos is the half bath, workshop, dry storage and walkout basement! A bonus for additional usable space! A must see! A great opportunity! A gem! A home!
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Den | Built-Ins,Partial Bath,Concrete Floor | Lower |
Formal Dining Room | Main | |
Full Bath | Upper | |
Kitchen | Main | |
Living Room | Main | |
Primary Bedroom | Upper | |
Rec/Play Room | Upper | |
Study | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $185,600 | $185,600 | $185,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.308% | 6.644% |
Monthly Tax Payment | $314 | $314 | $314 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,282 | $1,250 | $1,604 |
Total Monthly Payment | $1,671 | $1,639 | $1,993 |
* 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.