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"This stunning Victorian home sits on a level 0. 28-acre corner lot, spanning 3, 828 sq ft. The property includes two apartments, each with three rooms, one bedroom, and one bathroom, at 806 square feet each. Dedicated parking is provided-two spaces per unit. The downstairs space was previously a thriving 2216 sq ft hair salon with a breakroom, half bath and ample parking. Although fully renovated in 2017, the home recently suffered extensive fire damage. This is a rare chance to bring new life to a historic home in a prime Connecticut location. The sale will be cash or renovation loan only and being sold "AS IS. " PROPERTY SOLD "AS-IS", WHERE-IS, WITH ALL FAULTS; no repairs, credits, or clean-out will be performed by the seller. Significant fire damage present. Seller and Listing Agent make no representations or warranties regarding the structural integrity or safety of the dwelling. Fire damaged structure. Entry is at your own risk. All utilities are off and will not be turned on for inspections. Please bring a flashlight and wear appropriate footwear (close-toed shoes etc), masks recommended. Listing agent must be present.
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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 | $263,920 | $263,920 | $263,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.668% |
| Monthly Tax Payment | $623 | $623 | $623 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,561 | $1,625 | $2,139 |
| Total Monthly Payment | $2,259 | $2,323 | $2,837 |
* 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.