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**Highest & Best by 5PM Thursday** Opportunity like this doesn't come around often! This incredible property features a beautifully updated 3 bedroom, 2 bathroom sprawling ranch, a separate income producing 1 bedroom cottage, and an impressive detached 3 bay garage with finished office space above. The main home offers a gorgeous updated kitchen with quartz countertops overlooking the private backyard complete with a stunning in ground pool and pool house, spacious one level living with generous sized bedrooms and multiple living areas, upgraded central air, and a cozy wood stove insert. Over $130, 000 has been invested in updates over the last three years, including a new roof, upgraded central air, wood stove insert, a fully renovated cottage with its own new roof, and new mini split systems serving both the cottage and garage. The separately metered cottage currently generates $1, 850 per month with a lease through November, also great in-law opportunity. The detached 3 bay garage is perfect for car enthusiasts, contractors, or business owners, featuring an oversized bay with lift height, heat and A/C, water, its own electrical panel, and a finished second floor office that is also heated and cooled. The garage currently rents for $2, 000 per month, with the lease ending upon the sale. Whether you're looking for a family compound, investment opportunity, or home based business, this rare property offers flexibility, income potential, and exceptional versatility all in one.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Main | |
| Bedroom 2 | Main | |
| Dining Room | Main | |
| Eat-In Kitchen | Main | |
| Family Room | Wood Stove,Sliders | Main |
| Full Bath | Remodeled | Main |
| Great Room | Main | |
| Kitchen | Skylight,Cathedral Ceiling,Quartz Counters,Sliders | Main |
| Living Room | Fireplace,Hardwood Floor | Main |
| Office | Remodeled | Main |
| Primary Bath | Remodeled | Main |
| Primary Bath | Remodeled | Main |
| Primary BR Suite | Skylight,Vaulted Ceiling,French Doors,Full Bath | Main |
| Primary BR Suite | Main |
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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 |
|
|---|---|---|---|
| Loan Amount | $479,920 | $479,920 | $479,920 |
| 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 | 6.370% | 6.640% | 5.952% |
| Monthly Tax Payment | $831 | $831 | $831 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,874 | $3,030 | $3,985 |
| Total Monthly Payment | $3,796 | $3,952 | $4,907 |
* 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.