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This expanded 2, 050 sq ft ranch offers incredible versatility for extended family, mother/daughter, or rental income with proper permits. This thoughtfully designed home features a large rear extension (added May 2003) that creates a separate living area with its own secondary outside entrance, ideal for guests or a potential accessory apartment with the appropriate approvals. The extension includes a spacious living space, two additional bedrooms, a second full bath, a bonus room, and an additional washer/dryer hook up! The main house offers 3 bedrooms, an eat in kitchen, full bath, and large unfinished basement. Both parts of the house have their own gas furnace and CAC condenser for convenient and separate zone control. The home is located on a street that enjoys a subtle cul-de-sac feel as the road opens up where the home is located. All this set on a flat and usable . 48 acre lot. Connetquot school district. Tax grievance active with approximate 2, 500 reduction expected!
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Our Executive Mortgage Banker:
Our Insurance Division:
$700,000
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 | $560,000 | $560,000 | $560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.609% |
| Monthly Tax Payment | $1,369 | $1,369 | $1,369 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,180 | $3,354 | $4,539 |
| Total Monthly Payment | $4,641 | $4,815 | $6,000 |
* 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.