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OFFER DEADLINE IS FRIDAY NOVEMBER 7th AT 12 NOON!! Investors and contractors take note! This expansive split level home is need of a substantial renovation but has lots of potential. This home offers a very open and flexible floor plan. The town lists this as a six room, three bedroom, three bathroom home, but it actually has eight rooms and four and a half bathrooms; two of the rooms have previously been used as bedrooms. The heating system has four zones and double oil tanks. There is a freestanding propane fireplace in the living room, a large three season room off the kitchen with a propane hookup, an inground pool and a large shed/pool house that has a toilet, shower and sink. The lower level has its own private entrance and could possibly be made into an in-law apartment. The large lot offers many recreational possibilities. There is a stone bed parking area that could accommodate the parking of large vehicles including enough room for two motorhomes or a boat or a commercial work vehicle. This home is conveniently located near Westfarms Mall, I-84, Uconn Hospital, recreational facilities and so much more. Property, appliances and contents are all being sold As-Is. Home is under audio and video surveillance both inside and outside.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Hardwood Floor | Upper |
| Bedroom 2 | Wall/Wall Carpet | Upper |
| Den | Wall/Wall Carpet | Lower |
| Eat-In Kitchen | Eating Space,Sliders | Main |
| Family Room | Main | |
| Living Room | Ceiling Fan,Hardwood Floor | Main |
| Primary Bedroom | Full Bath,Wall/Wall Carpet | Upper |
| Sun Room | Ceiling Fan,Wet Bar,Sliders | Main |
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William Raveis Mortgage, LLC
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Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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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** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $554 | $554 | $554 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,538 | $1,601 | $2,123 |
| Total Monthly Payment | $2,167 | $2,230 | $2,752 |
* 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.