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Fully rebuilt in 2007 with a total of 2, 583 square feet and 10 1/2 foot ceilings. Low-slung gabled roof house sided in horizontal cedar clapboard and cedar shake. A large front office with a separate entrance is currently rented as an artist's studio has many other use potentials including as a store front, art gallery, or office. There are two bathrooms, one is ADA compliant. The back workshop is extremely well insulated and bright with high ceilings, two 10' garage doors on either end, and windows along both sides. The spaces could be used as is or converted into a dreamy live-in loft/studio. Buyers take note this is a rare opportunity to own an in-town property zoned for low intensity commercial use. Currently used for construction, this is a preexisting legal non-conforming property. A special permit process may be necessary depending on the buyer's intended use, and buyers should consult the local zoning and building enforcement offices for guidance and due diligence.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Office | 9 ft+ Ceilings | 28.0 x 14.5 | Main |
| Other | 9 ft+ Ceilings,Concrete Floor | 48.0 x 50.0 | Main |
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William Raveis Real Estate
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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 |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $266 | $266 | $266 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,458 | $2,556 | $3,342 |
| Total Monthly Payment | $2,799 | $2,897 | $3,683 |
* 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.