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Presented by
Debbie Bowles |
Calling all investors, contractors, and ambitious renovators! Enjoy a rare opportunity just moments from beautiful Quaddick Lake with a seasonal water view, deeded right-of-way access to the lake, and close proximity to Quaddick State Park for boating, fishing, swimming, hiking, and year-round recreation. The property features a 2-bedroom, 1-bath main home and a detached 1-car garage with an upstairs accessory dwelling unit, offering additional flexibility and potential (buyer to perform due diligence regarding permitted uses). Inside, you'll find a nostalgic time capsule featuring warm wood cabinetry, vintage wallpaper, retro finishes, and a bright dining room surrounded by windows. Rich with character and ready for its next chapter, this property presents an exceptional opportunity to restore, renovate, or reimagine. Sold strictly as-is, the property requires significant renovation throughout and should be considered a substantial rehabilitation project. Rare opportunity to restore a property just moments from Quaddick Lake. Property is being sold as is, where is, with all faults. Seller will make no repairs or improvements. Seller reserves the right to leave personal property and other miscellaneous items at the property, and buyer shall be responsible for the removal of any items remaining after closing. Buyers should anticipate extensive repairs and renovations throughout. Due to the property's condition, all parties must sign a Hold Harmless Agreement prior to entering the property. Buyer and Buyer's Agent shall be responsible for conducting all due diligence regarding the Property.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Wall/Wall Carpet | Main |
| Dining Room | Wall/Wall Carpet | Main |
| Eat-In Kitchen | Skylight | Main |
| Living Room | Wall/Wall Carpet | Main |
| Primary Bedroom | Wall/Wall Carpet | 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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
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For homebuyers and sellers, our Attorney Network:
$250,000
Sales Associate
William Raveis Real Estate
Phone: 860.690.0891
Debbie.Bowles@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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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** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.760% | 6.902% | 6.098% |
| Monthly Tax Payment | $347 | $347 | $347 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,231 | $1,297 | $1,674 |
| Total Monthly Payment | $1,653 | $1,719 | $2,096 |
* 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.