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114 Starr Street, Norwich (East Great Plains), CT, 06360 | $329,900
Nestled in the town of Norwich, CT, 114 Starr St offers an exceptional opportunity for homeowners and investors alike. This property, combines a blend of modern amenities and sleek design elements, making it an ideal choice for those seeking a comfortable residence or a lucrative investment in the thriving short-term rental market. All furnishings are included in this transaction! Recent renovations have seamlessly integrated modern amenities, including a fully updated kitchen with stainless steel appliances, granite countertops, and custom cabinetry. The bathrooms have been tastefully remodeled with contemporary finishes, ensuring both style and functionality. The expansive floor plan includes an open-concept Kitchen/Living/Dining area, all tasteful designed and beautifully illuminated with updated light fixtures. The bedrooms offer stylish design and comfort for all. The landscaped yard features a fire pit, mini-soccer field manicured lawn, and a private patio adjacent to the lower level walkout slider, perfect for outdoor entertaining. The large backyard provides plenty of space for gardening or recreational activities. For savvy investors, 114 Starr St presents a compelling opportunity to capitalize on the growing demand for short-term rentals in the area. Norwich's history and proximity to popular attractions like Mohegan Sun Casino, Foxwoods Resort Casino, and Mystic Seaport make it a desirable destination for tourists. The property's prime location and charming features make it an attractive option for vacationers. Norwich's thriving tourism industry ensures a steady stream of potential guests seeking short-term accommodations. Similar properties in Norwich have demonstrated strong rental performance, with average nightly rates ranging from $150 to $400, depending on the season and day of the week. With the right marketing strategy, 114 Starr St could generate substantial rental income, offering an impressive return on investment. Whether you choose to use it as a primary residence, or a dedicated rental property, 114 Starr St provides flexibility to meet your needs and financial goals. Don't miss the chance to own a piece of Norwich's history while enjoying the benefits of modern living and the potential for significant rental revenue.
Features
- Town: Norwich
- Rooms: 5
- Bedrooms: 3
- Baths: 1 full
- Style: Raised Ranch
- Year Built: 1977
- Garage: 1-car Under House Garage,Driveway
- Heating: Hot Water
- Cooling: Split System,Window Unit
- Basement: Full,Full With Walk-Out
- Above Grade Approx. Sq. Feet: 1,144
- Acreage: 0.4
- Est. Taxes: $5,377
- Lot Desc: Corner Lot,Level Lot
- Elem. School: Per Board of Ed
- High School: Per Board of Ed
- Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
- MLS#: 24032788
- Days on Market: 64 days
- Website: https://www.raveis.com
/prop/24032788/114starrstreet_norwich_ct?source=qrflyer
Listing courtesy of eXp Realty
Room Information
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Main | |
| Bedroom 2 | Main | |
| Dining Room | Main | |
| Living Room | Main | |
| Primary Bedroom | Bedroom Suite | Main |
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 7654
401.474.4879
Whitney.Rugg@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Diane PadelliInsurance Sales Director, William Raveis Insurance
203.444.0494
Diane.Padelli@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Ray CashenPresident, William Raveis Attorney Network
203.925.4590
For homebuyers and sellers, our Attorney Network:
- Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
- Offers access to experienced closing attorneys at competitive rates
- Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies
114 Starr Street, Norwich (East Great Plains), CT, 06360
$329,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Whitney Rugg
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $263,920 | $263,920 | $263,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
| Monthly Tax Payment | $448 | $448 | $448 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,604 | $1,604 | $2,086 |
| Total Monthly Payment | $2,127 | $2,127 | $2,609 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524