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Beautifully situated on a private 3-acre lot near the scenic Rainbow Reservoir area, this ranch-style home offers incredible potential. With some renovation and personal touches, this property can truly shine. The main level features two spacious bedrooms, a fireplaced living room, and an eat-in kitchen perfect for everyday living. Additional highlights include an oversized attached two-car garage, a flexible family room or den space, and a finished basement offering extra living or recreation area. Major updates include an updated natural gas furnace and water heater, along with the convenience of public water and sewer. Ideally located with easy access to major highways and Bradley International Airport, this property combines privacy with accessibility. The in-ground pool will need to be filled in and is being sold as-is, along with the house, offering the opportunity to restore it or reimagine it to fit your vision.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Den | Upper |
| Family Room | Lower |
| Full Bath | Lower |
| Living Room | Upper |
| Primary Bedroom | Upper |
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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 | $231,920 | $231,920 | $231,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $547 | $547 | $547 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,428 | $1,504 | $1,941 |
| Total Monthly Payment | $2,050 | $2,126 | $2,563 |
* 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.