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ONLINE AUCTION - Please review the Property Information Package available on our website. Auction Opportunity: Asking Price is Opening Bid only. Final price will be determined by competitive bidding. This is an ONLINE AUCTION starting on May 8, 2026 at 12: 00 p. m. and ending on May 18, 2026 at 12: 00 p. m. Great opportunity with this estate sale property - calling all builders, investors, and handy homeowners with vision. Bring your ideas and reimagine this ranch-style home located on a cul-de-sac in sought-after Cromwell. With the right updates and improvements, this property offers the potential to add tremendous value and resell for a profit. The home features a desirable ranch layout with a walk-out basement, providing additional space and flexibility for future expansion. The structural shell is in good condition with durable vinyl siding and an updated roof already in place PLUS city sewer and water connected, offering a strong starting point for renovation. Situated on a level lot with a one-car garage, the property enjoys a convenient Central Connecticut location with easy access to major highways and nearby amenities. Cromwell is widely known as the host town of the prestigious Travelers Championship, attracting national attention each year. With the average sales price in Cromwell around $524, 500, this property presents a compelling opportunity for those looking to renovate, add value, &capitalize on. Auctioneer or Realtor in charge for Links to bid Interior photos coming!
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 |
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|---|---|---|---|
| Loan Amount | $120,000 | $120,000 | $120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.710% |
| Monthly Tax Payment | $509 | $509 | $509 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $719 | $749 | $980 |
| Total Monthly Payment | $1,303 | $1,333 | $1,564 |
* 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.