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Timeless New England Charm in the Heart of Preston. Step back in time with this quintessential New England colonial, perfectly set amid sprawling fields, serene country views, and the seasonal beauty of a nearby tulip farm. Built in the 1700s, this timeless red farmhouse captures the essence of classic rural charm while offering modern comfort and convenience. Inside, you'll find a home rich with character and history-wide plank floors, beautiful mill work, remarkable hearths, and an inviting layout ready for your personal touch. With a newer roof, furnace, hot water tank, poured concrete basement, and brand-new garage doors, many of the essential updates are already complete, giving you a solid foundation to reimagine and restore this timeless property. Outside, the detached three-bay garage offers ample space for vehicles, hobbies, or storage, while the surrounding property invites endless opportunities to enjoy the peaceful landscape. Whether you dream of gardening, or simply unwinding in the countryside, this property delivers the perfect setting. Conveniently located just minutes from major highways and within easy reach of both Mohegan Sun and Foxwoods Casinos, as well as the coastal charm of Westerly, Mystic, and Stonington, this Preston farmhouse offers the ideal blend of seclusion and accessibility. A rare opportunity to own a piece of Connecticut's heritage-ready for its next chapter.
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Bedroom 2 | Upper |
| Bedroom 3 | Upper |
| Dining Room | Main |
| Full Bath | Upper |
| Half Bath | Main |
| Kitchen | Main |
| Living Room | Main |
| Living Room | Upper |
| Office | Main |
| Primary Bedroom | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.533% | 6.533% | 5.668% |
| Monthly Tax Payment | $347 | $347 | $347 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,517 | $1,622 | $2,107 |
| Total Monthly Payment | $1,939 | $2,044 | $2,529 |
* 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.