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Included in the sale is 523 West Street, a single-family Cape-style home situated on its own 0. 16-acre parcel in Bristol, Connecticut. The residence offers 1, 645 square feet of living space, making it well-suited for use as a primary residence, parsonage, office, or rental property. Its standalone lot and classic Cape design provide flexibility for a variety of residential or supporting uses. Also included is the adjacent property at 517 West Street, also known as Calvary Advent Christian Church, which presents a unique opportunity for religious, institutional, or potential redevelopment use. The church is set on a generous 0. 70-acre parcel, offering ample onsite parking and open grounds while maintaining strong visibility and access from a well-traveled corridor. This property provides flexibility for continued church use or adaptive reuse, subject to local zoning and approvals. Together, these two properties create a rare package opportunity combining a freestanding residential home with a substantial church facility, all within close proximity to Bristol amenities, highways, and community services.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Dining Room | Upper |
| Living Room | Main |
| Primary Bedroom | Upper |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,100,000 | $1,100,000 | $1,100,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,160 | $6,684 | $9,208 |
| Total Monthly Payment | $6,285 | $6,809 | $9,333 |
* 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.