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Welcome to 11 Vicki Lane! Ridgeview complex is ideally situated with close proximity to Main Street and central Colchester. This two bedroom, two and a half bath condo offers the best of small-town living. Attached one bay garage for added convenience. First floor main living space, complete with a beautifully incorporated fireplace. Large carpeted bedrooms on the top floor. The finished basement can be utilized for many needs, complete with private washer and dryer. Condo is equipped with central air for those hot summertime months. Charming downtown Colchester is adorned with many shops, dining, and daily conveniences just minutes away-while also providing easy access to one of the area's most popular outdoor destinations. The nearby Air Line Trail is a local favorite for walking, biking, and enjoying Connecticut's natural beauty, adding to the appeal of this well-located home. With its blend of recreation and community charm, 11 Vicki Lane is a wonderful opportunity to enjoy the Colchester lifestyle. Condo living at its absolute finest.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Upper |
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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 | $264,000 | $264,000 | $264,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $337 | $337 | $337 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,625 | $1,667 | $2,192 |
| Total Monthly Payment | $2,037 | $2,079 | $2,604 |
* 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.