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This mixed commercial and residential property features a completely renovated residential unit and a large commercial facility with industrial capability. The residence offers two bedrooms plus a possible third (or office), a large living room, and a spacious primary bedroom. This unique property includes over 1, 500 square feet of attached residential space, and over 5, 000 square feet of commercial/industrial space, and sits on approximately 1. 2 acres. Recent improvements include brand-new vinyl siding on the residential portion, a new bathroom, a new deck, a metal roof (2012), newer kitchen with appliances included and all-new landscaping-accentuating the property's bucolic Pomfret backdrop. The property is equipped with 240-volt power, propane heat serving the workshop/manufacturing area, and oil-fired forced hot air for the residential space. The property has historically operated as residential and light manufacturing and is understood to be a legal non-conforming use. Buyer due diligence will be required regarding permitted uses and zoning. The residential portion is currently unoccupied, and the industrial side has a stable, year-to-year tenant.
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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 | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.541% |
| Monthly Tax Payment | $374 | $374 | $374 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,930 | $2,036 | $2,733 |
| Total Monthly Payment | $2,379 | $2,485 | $3,182 |
* 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.