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Set on a level double lot, this one-owner Cape is just a short walk from the shoreline of Lake Pocotopaug. It offers a rare opportunity to create something special. The 3 bedroom, 1. 1 bath home features a welcoming front porch, hardwood floors, and a walkout basement. Inside, the home shows its original character and will benefit from updating. This makes it ideal for buyers who appreciate vintage charm and want to add their own style. The spacious outdoor setting includes three separate outbuildings. Use them as a workshop, a studio, possible greenhouse space, or a storage shed. There is plenty of room for hobbies, projects, or creative pursuits. With a flat yard and a peaceful setting near the lake, the property offers lifestyle appeal and long-term potential. This sale is subject to probate approval and is offered as-is, where-is, with personal contents included at closing. A thoughtful price, room to build equity, and a location near the water make this a meaningful opportunity. The next owner can begin a new chapter for this property!
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Upper |
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William Raveis Real Estate
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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 |
|
|---|---|---|---|
| Loan Amount | $212,000 | $212,000 | $212,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.487% | 5.614% |
| Monthly Tax Payment | $457 | $457 | $457 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,254 | $1,323 | $1,718 |
| Total Monthly Payment | $1,786 | $1,855 | $2,250 |
* 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.