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Investors/Flippers Take Notice! Opportunity knocks at 201 Berkshire Road in desirable Southbury. This 3-bedroom, 1-bath ranch offers an incredible opportunity for homeowners, investors, or builders looking to make their mark in one of Connecticut's most sought-after towns. Whether you're looking to update the existing home and make it your own or explore the potential to build larger, this property offers plenty of possibilities. Located on Berkshire Road and facing Aspetuck Trail, the home enjoys an added sense of privacy while remaining close to everything Southbury has to offer. Known for its highly regarded schools, scenic beauty, and convenient location along I-84, Southbury provides easy access to shopping, dining, golf courses, parks, and outdoor recreation. Enjoy nearby attractions such as Lake Zoar, Kettletown State Park, and the Southbury Green, all while living in a town consistently recognized for its quality of life. Opportunities to purchase in Southbury at this price point are few and far between. Whether you're searching for a renovation project, investment opportunity, or a property with future potential, this is one you won't want to miss. CASH Or Hard Money Preferred!
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Bedroom 2 | Main |
| Eat-In Kitchen | Main |
| Full Bath | Main |
| Living Room | Main |
| Primary Bedroom | Main |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
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 | $180,000 | $180,000 | $180,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | $272 | $272 | $272 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,078 | $1,137 | $1,495 |
| Total Monthly Payment | $1,425 | $1,484 | $1,842 |
* 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.