An elegant historic house at 16 main Street, Farmington. Just a few doors south of Farmington Ave. Excellent condition, very spacious rooms also included in the price is an adjacent property, number 14 main Street: a barn garage including a very comfortable apartment suitable for occupancy by one or two persons. The apartment is currently rented. Tenant could remain or not pending written agreement with a buyer. Estimate of rental value of the apartment $1, 000 to $1, 200 monthly. Very convenient location close to UConn Health, Miss Porters School and Noah Wallace.
Type | Description | Level |
---|---|---|
Bedroom 1 | Hardwood Floor | Upper |
Bedroom 2 | Hardwood Floor | Upper |
Dining Room | Fireplace,Hardwood Floor | Main |
Kitchen | Bay/Bow Window,Granite Counters,Eating Space,Laminate Floor | Main |
Living Room | Built-Ins,Fireplace,Hardwood Floor | Main |
Primary Bedroom | Fireplace,Full Bath,Hardwood Floor | Upper |
Study | Bay/Bow Window,Built-Ins,Fireplace,Hardwood Floor | Main |
Sun Room | Ceiling Fan,Sliders,Slate Floor | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.305.7387
Mark.Greene@raveis.com
NMLS Mortgage Loan Originator ID 115078
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $956 | $956 | $956 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,490 | $4,930 | $6,582 |
Total Monthly Payment | $5,538 | $5,978 | $7,630 |
* 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.