434 College Highway, Southwick, MA, 01077 | $184,000

Looking for a property that will impress when fully renovated, this property is a prime investment opportunity for that savvy buyer. The home is in need of a full renovation to bring it back to its glory days. There is a grand foyer entry, hard wood floors throughout, beamed ceilings, and custom wood working in several rooms on the first floor. The private 2. 5 acer property has a large timber frame barn (in need of work) that can house your workshop or make for family outings overlooking the large yard that leads down to Great Brook. Home is being sold “AS IS”. Buyers will need to purchase with Cash and or a Rehab loan.

Features

  • Amenities: Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Bike Path, Conservation Area, House of Worship, Private School, Public School, University
  • Rooms: 7
  • Bedrooms: 5
  • Baths: 2 full
  • Style: Colonial
  • Year Built: 1800
  • Garage: 2-car Detached
  • Basement: Full
  • Approx Sq. Feet: 2,298
  • Acreage: 2.5
  • Est. Taxes: $586
  • Lot Desc: Farm, Gentle Sloping
  • Water Front: Yes
  • Appliances: Water Heater
  • MLS#: 73281201
  • Website: https://www.raveis.com
    /prop/73281201/434collegehighway_southwick_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by David P. Hall courtesy of Berkshire Hathaway Home Service New England Properties   Phone: 860-653-4507

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NMLS Mortgage Loan Originator ID 81725

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434 College Highway, Southwick, MA, 01077

$184,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $147,200 $147,200 $147,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $49 $49 $49
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $979 $978 $1,262
Total Monthly Payment $1,103 $1,102 $1,386

* 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.