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Attention Investors & Savvy Buyers! Opportunity is knocking with this estate property situated on a spacious Aldenville lot adjacent to Ray Ash Park. Featuring an existing ADU, this versatile property offers endless possibilities for multi-generational living, owner-occupancy with rental income, or an investment opportunity. With nearly 1, 600 square feet, 3-4 bedrooms, two kitchens, an attached one-car garage, and a partially finished basement with an additional toilet, there's plenty of space to bring your vision to life. While the home could benefit from updating and cosmetic improvements, the potential is undeniable. Enjoy a large, private yard, economical Chicopee utilities, and a convenient location close to shopping, dining, schools, and major routes. . . all of your everyday essentials! Bring your ideas and unlock the possibilities—properties with this much potential don't stay on the market long! SHOWINGS BEGIN AT OPEN HOUSE SUNDAY 7/19 3: 00-4: 30!
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | Closet, Flooring - Laminate | 9.5 x 14.5 | Second |
| Bedroom 3 | Flooring - Wall to Wall Carpet | 5.1 x 12.9 | Second |
| Bedroom 4 | Flooring - Wall to Wall Carpet | 12.9 x 13.1 | Second |
| Dining Room | Flooring - Stone/Ceramic Tile | 11.7 x 12.4 | First |
| Family Room | Closet, Flooring - Wall to Wall Carpet | 12.4 x 14.0 | Second |
| Kitchen | Ceiling Fan(s), Flooring - Stone/Ceramic Tile | 12.9 x 12.4 | First |
| Laundry | In Basement, Washer Hookup | ||
| Living Room | Flooring - Hardwood | 12.9 x 12.8 | First |
| Master Bedroom | Closet, Flooring - Laminate | 14.5 x 12.8 | First |
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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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $200,000 | $200,000 | $200,000 |
| 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 | $420 | $420 | $420 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,198 | $1,263 | $1,661 |
| Total Monthly Payment | $1,693 | $1,758 | $2,156 |
* 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.