Welcome to this charming village home, ideally located in the picturesque New England town center of Riverton. Nestled directly across from the scenic Farmington River, this property offers a perfect blend of tranquility & convenience, w/ the historic Riverton General Store, Riverton Inn, & Riverton Fairgrounds just a short stroll away. This beautifully remodeled home is divided into two side-by-side units, making it perfect for multi-generational living, rental income, or a combination of both. The larger unit features 3 spacious bedrooms & 1. 5 baths, while the second unit offers 2 bedrooms & 1. 5 baths, each thoughtfully updated for modern comfort. Both units boast brand-new kitchens & baths equipped w/ the latest fixtures & appliances, ensuring a seamless move-in experience for new owners or tenants. Spanning 2. 2 level acres, this property provides ample space for outdoor activities & future expansion. A charming barn/carriage house enhances the appeal, presenting a unique opportunity for restoration-envision it as a workshop, additional living space, or storage. This home is an outdoor enthusiast's paradise, w/ the Farmington River offering year-round activities such as fishing, kayaking, & hiking right at your doorstep. For investors, this property represents an attractive opportunity w/ significant potential for a strong CAP rate. A completely refurbished well & a new furnace is inc at this price, this Riverton gem is truly a must-see for anyone seeking a serene retreat.
Type | Description | Level |
---|---|---|
Bedroom 1 | Remodeled,Hardwood Floor | Upper |
Bedroom 2 | Remodeled,Hardwood Floor | Upper |
Bedroom 3 | Remodeled,Hardwood Floor | Upper |
Dining Room | Remodeled,Hardwood Floor | Main |
Dining Room | Remodeled,Hardwood Floor | Main |
Kitchen | Remodeled,Tile Floor | Main |
Kitchen | Remodeled,Tile Floor | Main |
Living Room | Remodeled,Hardwood Floor | Main |
Living Room | Remodeled,Hardwood Floor | Main |
Primary Bedroom | Remodeled,Hardwood Floor | Upper |
Primary Bedroom | Remodeled,Hardwood Floor | Upper |
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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 | $351,920 | $351,920 | $351,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $512 | $512 | $512 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,401 | $2,339 | $2,968 |
Total Monthly Payment | $2,988 | $2,926 | $3,555 |
* 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.