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Welcome home to this charming 2-bedroom, 1-bath ranch, full of warmth and character. The spacious living room features beautiful hardwood floors, a classic fireplace, and custom built-in bookshelves and cabinetry that add timeless appeal. Hardwood flooring continues throughout the main level, where you'll also find two generously sized bedrooms and an updated full bath. The heated lower level offers approximately 500 square feet of additional finished space, providing plenty of potential for a recreation room, home office, gym, or hobby area. While the space is functional, it has seen little updating over the years and would benefit from renovation, making it an excellent opportunity for the next owner to add value and customize it to their needs. Situated on a generous 0. 76-acre corner lot, the property offers an expansive yard with plenty of room for gardening, entertaining, or outdoor activities. The paved driveway provides ample off-street parking, with additional convenient parking available along the adjoining side road. Conveniently located just minutes from I-95 and I-395, this home offers easy access to shopping, dining, casinos, employers, and southeastern Connecticut attractions. Whether you're looking for your first home, downsizing, or seeking a property with character and future potential, this inviting ranch is ready for its next chapter.
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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 | $256,000 | $256,000 | $256,000 |
| 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% | 6.652% | 5.952% |
| Monthly Tax Payment | $298 | $298 | $298 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,576 | $1,616 | $2,126 |
| Total Monthly Payment | $1,949 | $1,989 | $2,499 |
* 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.