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Presented by
Diane Beckwith Popolizio - The Popolizio Team |
***All interested parties must qualify pursuant to CT General Statutes, Deed Restrictions, and Income Limits. Eligible Gross Household Income for household is: *$88, 792 1person, *$101, 476-2 people, *$14, 161-3 people, *$126, 845-4people & for more request full list. ***Nature Lovers take note! Well maintained updated home located directly across from Madison's "Rockland Preserve" in the Twin Pine subdivision. This "Affordable Housing unit" is in move in condition! Enjoy spacious eat-in kitchen with newer appliances, recessed lighting, ceiling fans and door to huge deck offering plenty of space for fun and play. Also on this floor is the adjacent generous living room, 2BR and Full bath. Lower level boast oversized room with gas FPL, doors to deck & firepit, a full bath. This level was previously used a Primary BR retreat. Additional features include the oversized garage, central air & shed. As part of "Madison's Affordable Housing Program" there are required income limits for Buyers (see attached for full details) and Town application process required - town has 10 days to approve any purchase. Forms and additional information attached. Live, love, laugh and play in Madison at its best! DO NOT CALL TOWN. Email listing agent or your Buyer's agent for the info to qualify for Affordable Housing. $100 annual fee for pond insurance to association. Propane FPL in LL provides heat, also with auto source. . . details to be provided
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Ceiling Fan,Wall/Wall Carpet | 13.0 x 12.0 | Main |
| Family Room | Gas Log Fireplace,Patio/Terrace,Sliders,Laminate Floor | 18.0 x 20.0 | Lower |
| Full Bath | Main | ||
| Full Bath | Lower | ||
| Kitchen | Balcony/Deck,Ceiling Fan,Eating Space,Sliders | 12.0 x 15.0 | Main |
| Living Room | Ceiling Fan,Laminate Floor | 12.0 x 15.0 | Main |
| Primary Bedroom | Ceiling Fan,Wall/Wall Carpet | 14.0 x 13.0 | Main |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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$339,600
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.494.7435
Diane.Popolizio@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $271,680 | $271,680 | $271,680 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.403% | 6.508% | 5.668% |
| Monthly Tax Payment | $443 | $443 | $443 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,627 | $1,695 | $2,202 |
| Total Monthly Payment | $2,145 | $2,213 | $2,720 |
* 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.