Presented byThe Cornerstone Team |
This four-bedroom, two-bath Cape Cod-style home has great potential but needs rehabilitation. Inside, the layout includes a cozy living room, kitchen with newer cabinets and a dining area, though these spaces could use updating. What is currently the family room has vaulted ceiling with exposed wood beams was converted from being the 4th bedroom (listed as 4 bedroom on public record) The bedrooms are modestly sized, with one upstairs and two (possibly 3) on the main floor. The bathrooms have original fixtures and may need full updates to modern standards. Floors show signs of age, and some rooms may require new drywall or plaster repair. Despite the need for upgrades, this home has solid 2x6 construction and abundant potential. With renovations, it could be transformed into a charming, comfortable home. The yard space is spacious and private. Ideal for buyers looking to invest in a fixer-upper with a classic Cape style. ***Highest & Best 10/31 5 pm***. Being sold "as is, " which offers the opportunity for the buyer to make their own updates and improvements. Located in the heart of Danbury! Just minutes to I84, shopping and health facilities. ***Highest and best by Thursday 10/31 5: 00pm
Type | Level |
---|---|
Bedroom 1 | Main |
Bedroom 2 | Main |
Bedroom 3 | Upper |
Dining Room | Main |
Kitchen | Main |
Living Room | Main |
Office | Main |
Primary Bedroom | Main |
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Sales Associate
William Raveis Real Estate
Phone: 203.733.9382
cornerstoneteam@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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $264,000 | $264,000 | $264,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $508 | $508 | $508 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,756 | $1,755 | $2,226 |
Total Monthly Payment | $2,339 | $2,338 | $2,809 |
* 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.