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Beautifully rehabbed single-family home in one of Coventry's most desirable locations! Perfect opportunity for first time home buyers or someone looking to downsize. This soon to be move-in-ready property has been completely transformed inside, featuring stylish modern finishes, brand-new flooring, an updated heating system, new stainless steel appliances, and so much more. Sitting on . 67 acres of serenity and located just moments from Flat River Reservoir, this home also includes water access rights offering endless opportunities for kayaking, fishing, and outdoor recreation just steps from your front door. Located on a peaceful dead end street with mature trees, however close to highways, restaurants, shops. For added peace of mind, a brand-new approved septic system is scheduled for installation by the first week of June, making this an exceptional turnkey opportunity. Don't miss your chance to own this incredible property in a sought-after setting schedule your private showing today before it's gone! Important Property Notes: Property is located in a flood zone and flood insurance will be required. Water service to the home is currently turned off until the new septic system is installed. Due to FHA's 90-day flip rule, this property will not qualify for FHA financing until June 11, 2026. Yard will be cleaned up after septic is installed.
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$409,900
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 | $327,920 | $327,920 | $327,920 |
| 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% | 6.887% | 6.078% |
| Monthly Tax Payment | $368 | $368 | $368 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,019 | $2,100 | $2,745 |
| Total Monthly Payment | $2,462 | $2,543 | $3,188 |
* 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.