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Set back from the road on 2 private acres, this Putnam CT Colonial offers 3, 626 total sq ft of space, privacy, and rare multi-generational living potential just 1 hour from Boston, Hartford, and Providence with easy access to I-395. The main level features a fireplaced living room with hardwood floors and wood stove insert, a versatile den ideal for home gym or office use, a dedicated office, and a half bath. The kitchen and dining area impress with stainless steel appliances, double wall oven, and a stunning wood-lined vaulted ceiling. Upstairs, the primary suite offers hardwood floors, two walk-in closets, and a private bath with double vanities, shower, and in-suite laundry, plus two additional bedrooms and a full bath. The approximately 980 sq ft partially finished lower level includes a full bath and offers excellent ADU, in-law suite, or rental income potential - a highly sought feature in today's Connecticut market. Major updates include roof, solar panels, siding, windows, and heating system for energy efficiency and peace of mind. Additional features include private well, septic, attached two-car garage, and above-ground pool. Minutes to Quaddick Lake and Putnam's dining and events. Please do not drive up driveway without an appointment. Sale subject to seller securing suitable housing; replacement property identified and currently under agreement. Audio/ Video Surveillance on property. Solar system is leased through Sunrun- to be assumed, lease (details available). Lower level offers strong potential for ADU/in-law, due diligence on the part of any interested party regarding approvals and use.
| Type | Dimensions | Level |
|---|---|---|
| Bedroom 1 | 11.0 x 12.0 | Upper |
| Bedroom 2 | 14.0 x 14.0 | Upper |
| Dining Room | 13.0 x 15.0 | Main |
| Full Bath | 8.0 x 7.0 | Upper |
| Full Bath | 9.0 x 11.0 | Lower |
| Half Bath | 6.0 x 7.0 | Main |
| Kitchen | 13.0 x 15.0 | Main |
| Living Room | 13.0 x 27.0 | Main |
| Office | 11.0 x 13.0 | Main |
| Other | 12.0 x 25.0 | Lower |
| Other | 23.0 x 16.0 | Lower |
| Other | 12.0 x 16.0 | Lower |
| Primary Bath | 6.0 x 15.0 | Upper |
| Primary Bedroom | 13.0 x 19.0 | Upper |
| Rec/Play Room | 13.0 x 15.0 | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $460,000 | $460,000 | $460,000 |
| 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 | $585 | $585 | $585 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,758 | $2,870 | $3,789 |
| Total Monthly Payment | $3,434 | $3,546 | $4,465 |
* 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.