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Attention investors, flippers, and ambitious buyers! This is the opportunity you've been waiting for. Opportunity knocks with this 3BR/2BA colonial on Brookwood Drive in the Dodgingtown area of Newtown. Set among beautifully updated homes, this home is a total time capsule from the 1980s, offering the perfect blank canvas to execute a high-return flip or build massive personal equity from day one. The property is being sold AS-IS. It has been well cared for over the years by the original owners and is clean and livable, but you may want to bring in your own inspirations and start designing your own masterpiece. Why pay a premium for someone else's design choices? With its rock-solid 80s bones, excellent layout, and premier location, you can customize every single finish to maximize your return on investment. The main level features a spacious eat-in kitchen with a center island, a formal dining room, a dedicated laundry room, and a large but cozy living room with a brick wood-burning fireplace. The primary suite is located on the main floor as well, but there is also opportunity to finish the additional attic space on the second floor and build out a owners suite there. Currently, two bedrooms, a full bath and attic space are located on the second floor. Bonus spaces include a 3 season sunroom off of the living room, and a spacious walk-out basement with plenty of storage and room for a workshop or a future finished space (direct access to the 2 car garage as well). Properties with this much upside on a premier street are few and far between. Bring your contractor, your flashlight, and your vision. Don't wait-schedule your walkthrough today and lock in this incredible value!
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Hardwood Floor | Upper |
| Bedroom 2 | Hardwood Floor | Upper |
| Dining Room | Hardwood Floor | Main |
| Eat-In Kitchen | Dining Area,Island,Laminate Floor | Main |
| Living Room | Fireplace,French Doors,Hardwood Floor | Main |
| Primary Bedroom | Full Bath,Tub w/Shower,Hardwood Floor | Main |
| Sun Room | Ceiling Fan,French Doors,Wall/Wall Carpet | Main |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
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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 | $460,000 | $460,000 | $460,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $758 | $758 | $758 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,832 | $2,904 | $3,820 |
| Total Monthly Payment | $3,682 | $3,754 | $4,670 |
* 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.