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COME VIEW 1PM-2PM 1/11/26 Major development opportunity in an unbeatable Bristol, CT location! This 6 bed, 2 bath single-family home offers potential for 5+ mixed development or mixed-use units, as confirmed by the city zoning officer - a rare, high upside opportunity for investors, developers, and builders. This property is also an excellent option for all single-family buyers, including those seeking spacious living, multi-level bedroom layout, or a clean, move-in ready home in a highly accessible neighborhood. Step inside to soaring oversized ceilings that create a grand, open feel throughout. The home features a flexible and functional layout, with bedrooms on both the 1st and 2nd floor, ideal for comfortable multi-level living. The renovated kitchen opens into a spacious dining room and generous living areas, all meticulously well kept, clean, updated, and move-in ready. Enjoy a big backyard with ample outdoor space and long-term value potential. Prime location advantages: Walking distance to grocery stores, restaurants, the public library, and a local park. Just minutes away from the hospital, community amenities, and recreation areas - offering unmatched convenience and accessibility. A rare property that delivers exceptional space, investment upside, and move-in ready comfort in one of Bristol's most walkable locations!
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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 | $320,000 | $320,000 | $320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | $506 | $506 | $506 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,817 | $1,919 | $2,572 |
| Total Monthly Payment | $2,398 | $2,500 | $3,153 |
* 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.