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Presented by
Deborah Moya |
Welcome to this beautifully maintained 2-bedroom, 1. 5-bath condo located at 194 Summit Street in Norwich, CT! This move-in-ready home offers the perfect blend of comfort, style, and convenience. Step inside to find a modern kitchen fully equipped with stainless steel appliances, complemented by elegant hardwood floors that flow throughout the main living areas. A sliding glass door fills the space with natural light and leads to your private balcony - perfect for morning coffee or relaxing evenings outdoors. The spacious primary bedroom features direct access to the full bathroom, creating a comfortable and functional layout. A convenient half-bath adds extra ease for guests. This home has been exceptionally well cared for, with major updates already completed - including a new roof in 2024 and a water heater replaced 5 years ago - offering peace of mind for years to come. The oversized two-car garage provides plenty of room for vehicles plus additional storage space. Located in a pet-friendly community, this condo is just minutes from the casino, local bus routes, shopping, dining, and more - making commuting and entertainment incredibly convenient. Don't miss this opportunity to own a turnkey home in a prime Norwich location!
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | 9.0 x 12.0 | Upper | |
| Kitchen | Balcony/Deck,Ceiling Fan,Island,Sliders,Hardwood Floor | 11.0 x 14.0 | Main |
| Living Room | Hardwood Floor | 12.0 x 17.0 | Main |
| Primary Bedroom | 14.0 x 15.0 | Upper |
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$255,000
Sales Associate
William Raveis Real Estate
Phone: 860.514.5232
Deborah.Moya@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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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 | $204,000 | $204,000 | $204,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $405 | $405 | $405 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,223 | $1,273 | $1,680 |
| Total Monthly Payment | $1,703 | $1,753 | $2,160 |
* 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.