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Welcome to 332 Cypress Road in Newington-an opportunity to own a spacious and well-laid-out townhouse offering both comfort and convenience at an attractive price point. With 1, 872 square feet of living space, this 2-bedroom, 1. 5-bath home provides the feel of a larger residence while maintaining the ease of townhouse living. The interior features a functional layout designed for everyday living and entertaining. Generous room sizes offer flexibility for a variety of setups, whether you're working from home, hosting guests, or simply looking for extra space to spread out. The two bedrooms provide comfortable retreats, while the 1. 5 baths add practicality for daily routines. A finished basement adds valuable additional living space-ideal for a family room, home office, gym, or recreation area. Step outside to your own private outdoor deck, perfect for relaxing, dining, or enjoying the warmer months. Combined with nearly 1, 900 square feet of total living space, this unit stands out for both its size and versatility compared to many similar offerings in the area. Residents benefit from a range of community amenities that enhance the overall lifestyle. Enjoy access to a pool during the warmer months, along with tennis and basketball courts for recreation. A recently updated playground adds to the appeal of the complex, offering additional outdoor enjoyment. The unit also includes two dedicated parking spaces, providing added convenience for homeowners and visitors alike. The monthly HOA fee of $462 covers the maintenance of common areas and amenities, helping to simplify ownership and reduce the burden of exterior upkeep. This property presents a strong opportunity for buyers seeking value and space within a managed community. Located in Newington, the property offers convenient access to local shopping, dining, and everyday essentials, as well as nearby commuter routes. Whether you're heading to work or exploring the surrounding area, the location supports a practical and connected lifestyle. This home is well-suited for a variety of buyers, including those looking for a primary residence with more space than a typical townhouse, or those seeking a low-maintenance property with access to community amenities. If you've been searching for a townhouse that combines size, functionality, and community features in a convenient Newington location, 332 Cypress Road is worth a closer look. Schedule your showing today and see the potential this home has to offer.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Hardwood Floor | Upper |
| Kitchen | Dining Area | Main |
| Living Room | Hardwood Floor | Main |
| Primary Bedroom | Hardwood Floor | Upper |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $223,200 | $223,200 | $223,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.272% | 5.595% |
| Monthly Tax Payment | $422 | $422 | $422 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,303 | $1,356 | $1,809 |
| Total Monthly Payment | $1,800 | $1,853 | $2,306 |
* 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.