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Charming 3-bedroom, 2-bath home in a highly convenient New London location, just minutes from downtown, major highways, and Winthrop Magnet School. Ideal for homeowners or investors, this property offers comfort, space, and strong potential. The main level features a welcoming entrance, bright living room, formal dining room, ample kitchen with pantry space, and a full bathroom. Hardwood floors run throughout the living room, dining room, and bedrooms, adding warmth and character. The upper level includes three spacious bedrooms, a full bathroom, and a walk-up attic providing excellent storage or future expansion potential. The basement offers generous storage space along with an additional flexible room ideal for a home office, gym, or hobby area. Exterior highlights include an ample patio perfect for entertaining or gardening, rear off-street parking, a partially fenced yard, and a front deck ideal for morning coffee. Updates include a roof approximately 6 years old, water heater about 3 years old, and a replaced boiler with conversion to natural gas (oil tank remains in basement). Property is sold as-is and is contingent upon the seller finding suitable housing, offering flexibility for buyers. Conveniently located near downtown dining, shopping, waterfront attractions, Ocean Beach Park, Fort Trumbull State Park, and scenic coastal recreation, with easy access to transportation and major routes.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Dining Room | Main |
| Full Bath | Main |
| Full Bath | Upper |
| Kitchen | 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 | $208,000 | $208,000 | $208,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $345 | $345 | $345 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,246 | $1,298 | $1,713 |
| Total Monthly Payment | $1,665 | $1,717 | $2,132 |
* 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.