Much sought after 55+ Mobile home community at Colchester Commons. A cozy 2 bedroom 2 full baths, the primary bedroom has a private bath with a walk-in shower, home also has an extra room to use as an office or den. An open floorplan welcomes you as you enter the home with dining area off the kitchen. The separate laundry room is located off the kitchen for convenience. Updates include A/C Unit 2017, Furnace in 2021, Hot water heater 2021. Enjoy sitting on your back deck enjoying nature or your front deck. This community has great amenities. An inground pool, clubhouse with large great room with full kitchen, tennis court and more! Buyers must purchase 3 shares at $1, 500 each, totaling $4, 500, which will be returned when you sell. There is a 2-person maximum occupancy, 2 pets allowed. Buyers must be approved by the association before seller accepts an offer. Association rules and regulations apply. Don't miss out!
Type | Description | Level |
---|---|---|
Bedroom 1 | Main | |
Kitchen | Pantry | Main |
Living Room | Main | |
Other | Main | |
Primary Bedroom | Full Bath | Main |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $148 | $148 | $148 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $798 | $798 | $1,012 |
Total Monthly Payment | $1,021 | $1,021 | $1,235 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.