Welcome to this spacious 3-bedroom, 3-bathroom townhouse with a fully finished lower level in a prime Colchester neighborhood with over 2500 square feet of living space. Enter the townhouse into the two-story foyer, with powder room and coat closet. The first floor boasts gleaming hardwood floors, and oversized windows that flood the home with natural light. The functional kitchen has a door leading out to the 2-car garage and mud room. With solid wood cabinetry and beautiful Corian counter tops and open to the dining room and living room. On the second floor you will find 3 bedrooms. The primary suite features a tray ceiling, walk in closet, and en suite bath. Two additional bedrooms, one being used as an office with built in cabinetry, full bath, and laundry closet round out the second floor. The finished basement has plenty of storage, and space for a second living room, home gym, or playroom. Enjoy an evening outside on the deck or below on the 20x24 patio surrounded by beautifully landscaped grounds. Located just around the corner from Mallets Bay this home offers convenience with proximity to interstate access, local schools, shopping, and has direct access to the bike path! ***Showings begin Friday Sept. 20th
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Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $606 | $606 | $606 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,865 | $2,791 | $3,573 |
Total Monthly Payment | $3,563 | $3,489 | $4,271 |
* 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.