Presented byBalestriere Team |
An incredible opportunity awaits at 185 Newtown Avenue--perfect for investors or handy buyers looking to unlock this home's full potential. This spacious split-style property, spanning over 3, 000 square feet, is perched on a third of an acre with stunning views of a serene pond. The layout is ideal for multi-generational living, offering generous space throughout and perfect for entertaining large gatherings of friends. The main level features a large living room, dining room, and kitchen, which flows into a bright family room. Complete with a fireplace, the family room opens to a deck that overlooks the backyard, perfect for outdoor gatherings and relaxation. Upstairs, you'll find three bedrooms, including the primary suite, as well as two full bathrooms. Each room at the back of the house offers picturesque water views. The lower level adds even more versatility, with a bedroom, a den, a full bath, and a laundry room with access to the backyard and the pond. This space, along with its separate entrance to the attached one-car garage, could serve as an in-law suite, playroom, or cozy den. Beyond the home itself, the location is unbeatable. Nestled in the sought-after Cranbury neighborhood, you're close to all of Norwalk's best amenities. Stew Leonard's is just two minutes away, and you can reach the beach in under ten minutes. This home offers endless potential--come and transform it into the dream home it was meant to be! *HIGHEST AND BEST 5PM Tuesday!*
Type | Description | Level |
---|---|---|
Bedroom 1 | Hardwood Floor | Upper |
Bedroom 2 | Hardwood Floor | Upper |
Bedroom 3 | Lower | |
Den | Lower | |
Eat-In Kitchen | Hardwood Floor,Tile Floor | Main |
Family Room | Fireplace,Sliders,Tile Floor | Main |
Full Bath | Upper | |
Full Bath | Lower | |
Living Room | Fireplace,Hardwood Floor | Main |
Primary BR Suite | Full Bath,Hardwood Floor | Upper |
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William Raveis Real Estate
Phone: 203.216.0670
BalestriereTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $753 | $753 | $753 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,426 | $2,391 | $3,155 |
Total Monthly Payment | $3,254 | $3,219 | $3,983 |
* 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.