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SIGNIFICANT PRICE REDUCTION! The entire western border of this property is on the Bantam River - cast your line from the wrapped deck. Yes, This Old House (c. 1800) needs renovation, upgrades and TLC, but what a little gem awaits the right person! The interior has wood floors in the bedroom and beamed living room, all windows except those in the enclosed front porch are thermal replacements. Taxes include Town (20. 0 mills) and Bantam Borough (1. 2). This is a charitable estate - all proceeds are to be donated to local charities and St. Jude Childrens Research Hospital. ** NB The entrance section of the driveway (access from Trumbull Street) is granted across the neighboring property to the north. Public Records indicate a partially finished basement. No section of the basement is finished. This property is being sold "as-is, where-is. " It is unknown if this property is in the 100-year Flood Zone. Inspections for informational purposes only. Buyer must perform own due diligence. SALE IS SUBJECT TO PROBATE COURT APPROVAL. All offers will receive a response. **
| Type | Description | Level |
|---|---|---|
| Kitchen | Main | |
| Living Room | Beams,Hardwood Floor | Main |
| Primary Bedroom | Main |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $140,000 | $140,000 | $140,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.668% |
| Monthly Tax Payment | $277 | $277 | $277 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $828 | $862 | $1,135 |
| Total Monthly Payment | $1,180 | $1,214 | $1,487 |
* 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.