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Set in one of Groton's most popular neighborhoods, this home offers a rare mix of location, outdoor living, and opportunity. Enjoy seasonal river views from the oversized 11x33 covered rear deck-perfect for relaxing evenings, entertaining, or watching pets play in the fenced backyard. Inside, the home feels bright and functional, with a spacious living room, insulated windows, and LED lighting. The upper level includes three bedrooms, two full bathrooms, a convenient half bath is located on the main floor. Attached garage, paved driveway, public water & sewer add everyday ease. Garage can be accessed without stepping into the rain thanks to the covered porch connection. The garage is sheet rocked, power, and i door opener & interesting space know by locals as, "The Pit. " The lower level expands your options with interior and walk-out access, a finished room, laundry area with sink, generous storage, and a unique enclosed room believed to have originally been built as a bomb shelter-ideal for hobbies, a workshop, storage, or a creative retreat. Home needs minor TLC, making it a great opportunity for buyers looking to build value. New toilets & kitchen faucet installed already! Flooring surfaces have been treated and primed following prior pet occupancy. Minutes from major Groton and New London employers, shopping, dining, and highways. Sold as-is. Cash, conventional, hard money, or rehab financing recommended. Ask your Realtor for full listing package & Floor plans. Pit in garage roughly 5' deep, 3x3, concrete walls. Pics in garage, secured for safety. Walk up attic, very heavy door. Buyer(s) and buyer's agent responsible for all due diligence. Listing agent makes no representations. Information deemed reliable but not guaranteed. Buyer to verify all details.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | 11.0 x 12.0 | Upper | |
| Bedroom 2 | 11.0 x 13.0 | Upper | |
| Dining Room | 12.0 x 13.0 | Main | |
| Full Bath | Upper | ||
| Half Bath | Lower | ||
| Kitchen | Ceiling Fan,Granite Counters,Double-Sink,Hardwood Floor | 10.0 x 17.0 | Main |
| Living Room | Fireplace | 13.0 x 22.0 | Main |
| Other | Lower | ||
| Primary Bedroom | 13.0 x 20.0 | Upper | |
| Rec/Play Room | Lower |
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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 | $268,000 | $268,000 | $268,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $430 | $430 | $430 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,543 | $1,605 | $2,137 |
| Total Monthly Payment | $2,048 | $2,110 | $2,642 |
* 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.