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Charming 3 4 bedroom, 1 bath Cape set on an oversized lot with a detached one-car garage. Offered for the first time in nearly 80 years, this home presents a rare opportunity to restore and make it your own. With solid bones and room for expansion, it's ideal for buyers looking to build equity through cosmetic updates. The first floor features a flexible layout including a bedroom, living room, kitchen, full bathroom, and a den that could easily serve as a fourth bedroom, home office, or guest space. The second floor offers two additional bedrooms, providing comfortable separation and privacy. Conveniently located just minutes from downtown Bristol, the East Bay Bike Path, local shops, and dining, this property combines potential with a highly desirable location. Whether you're an investor or an owner-occupant with vision, this is an opportunity you won't want to miss.
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$399,900
William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $319,920 | $319,920 | $319,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.410% | 5.595% |
| Monthly Tax Payment | $387 | $387 | $387 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,867 | $1,970 | $2,593 |
| Total Monthly Payment | $2,329 | $2,432 | $3,055 |
* 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.