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Opportunity knocks in this ranch located in a desirable central Cheshire neighborhood with sidewalks to schools, shopping, and parks. This 3-bedroom home with 1 full and 2 half baths offers great space, a wonderful setting, and endless potential for the buyer ready to make it their own. Upon entry, you will find a spacious living room that is adjacent to an eat-in kitchen and a hallway that leads to 3 generously sized bedrooms and a remodeled full bath. It is believed that there is likely hardwood throughout the main floor living room and bedrooms. There is a lovely 3-season porch which overlooks the Farmington canal and rail trail and functions as a convenient entryway from the 2-car carport garage. The walk-out lower-level adds valuable space featuring two finished rooms, a half bath, as well as direct access to a backyard patio area. This property features a custom-built stairway that leads you down toward the water, offering a tiered landscape that transitions from the upper deck to the serene edge of the Farmington Canal. Two storage sheds and a pretty wooded backdrop overlooking the Farmington Canal and trailway complete the backyard. There is a newer hot water heater and oil tank in the unfinished portion of basement. While in need of some updating, this home has great bones, generous space, and wonderful potential for a buyer ready to invest some sweat equity. This gem won't last. Being sold "As-Is". During the Spring and Summer, you can set up a bistro table and chairs to enjoy your morning coffee. In Autumn, you will have a front row seat to Connecticut's stunning fall foliage. In the colder months, the canal transforms into a private winter wonderland, offering a rare and charming opportunity for ice skating right behind your home.
| Type | Dimensions | Level |
|---|---|---|
| Bedroom 1 | 10.1 x 10.1 | Main |
| Bedroom 2 | 11.0 x 10.1 | Main |
| Eat-In Kitchen | 11.0 x 14.1 | Main |
| Family Room | 16.1 x 12.0 | Lower |
| Living Room | 16.1 x 12.8 | Main |
| Primary Bedroom | 11.0 x 11.0 | Main |
| Rec/Play Room | 13.1 x 19.1 | Lower |
| Sun Room | 8.9 x 10.8 | Main |
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Gerry.OBrian@raveis.com
NMLS Mortgage Loan Originator ID 223191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.500% | 5.691% |
| Monthly Tax Payment | $477 | $477 | $477 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,656 | $1,747 | $2,286 |
| Total Monthly Payment | $2,208 | $2,299 | $2,838 |
* 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.