Presented byConnie Strait |
The possibilities are endless with this rare opportunity to purchase this never-before-listed lovely Ranch style home along with two two acre building lots with septic approval and engineering well under way, in the lovely small town of Redding. Minutes from the NYC Train. Expand on the house with its newly installed 4 BR septic and build yourself your own mini estate or enjoy the home as is and sell off one or both building lots. The opportunity awaits if you would prefer to have your own household compound and enjoy all this beautiful land. Redding is CT's most sought after quintessential small town to live in and this home allows the opportunity to start making your memories here. The home is set on the Saugatuck Riverbanks and was once part of a thriving well-known tree farm. The beautiful level property that surrounds the house is exceptional embracing the house with mature trees. When entering the ranch style home, you immediately view the lovely private rear property. Living rm and Dining rm are both accented by a fireplace, and sliders to the deck. Fully equipped kitchen captures the morning sun and is the gathering spot to prepare meals. Family rm is off the kitchen boasting a beautiful stone fireplace. Full basement has possibilities to be finished off with all the windows allowing for sunshine all day. Another feature is the 3 car garage. Fishing on the river banks, walking the lovely grounds enjoying the privacy this property provides makes this a rare opportunity
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Full Bath,Laminate Floor | 12.2 x 11.8 | Main |
Bedroom 2 | Full Bath,Laminate Floor | 11.1 x 11.8 | Main |
Dining Room | Fireplace,Sliders,Laminate Floor | 14.0 x 11.1 | Main |
Family Room | Vaulted Ceiling,Fireplace,Laminate Floor | 16.6 x 13.7 | Main |
Kitchen | Eating Space,Laminate Floor | 15.0 x 13.7 | Main |
Living Room | Fireplace,Sliders,Laminate Floor | 16.2 x 20.3 | Main |
Primary Bedroom | Full Bath,Laminate Floor | 10.0 x 14.9 | Main |
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Sales Associate
William Raveis Real Estate
Phone: 203.948.4906
Connie.Strait@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $932,000 | $932,000 | $932,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,510 | $1,510 | $1,510 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,292 | $5,814 | $7,802 |
Total Monthly Payment | $6,927 | $7,449 | $9,437 |
* 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.