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3% Interest, $0 Down Financing Available! Welcome home to your spacious 2 bedroom, 2 full bathroom open floor plan at 16 Pond Way, North Windham (Stonegate Manor). First floor laundry, mudroom with backyard access, and 1, 218 sqft (rarely found at this affordable price point). This home is perfect for first-time buyers, downsizers, and value-seekers looking for affordable homeownership in a convenient commuter location. Live in a quiet neighborhood minutes from major shopping and everyday conveniences including Walmart, Home Depot, Tractor Supply, Starbucks, Dunkin', Subway, restaurants, and retail - making errands and dining out easy and quick. Close proximity to Route 6 and other main roads supports a smooth commute to jobs, schools, and regional destinations. The interior features a functional layout with an oversized kitchen, living room and dining area, ample storage, and good-size comfortable bedrooms. Recent furnace service and updates like a newer roof and hot water heater give peace of mind for year-round comfort. The home has good maintenance and is ready for your personal updates. Outdoor space includes a walk-up covered front porch and backyard shed for additional storage. Park approval is required for residency. Ask about special lending programs that unlock low monthly payments and long-term lifestyle. Come and tour this home before it's gone!
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Dining Room | Main |
| Kitchen | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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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 | $54,320 | $54,320 | $54,320 |
| 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 | 6.197% | 6.156% | 5.541% |
| Monthly Tax Payment | $118 | $118 | $118 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $308 | $325 | $437 |
| Total Monthly Payment | $501 | $518 | $630 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.