Oasis Awaits. Fixer-upper ranch with endless potential on over 3/4 on an acre! Calling all investors, DIY enthusiasts, and first-time homebuyers! This bank-owned, three-bedroom, two-bathroom ranch-style home in sought-after Cheshire presents a remarkable opportunity. Nestled on over 3/4 of an acre, this fixer-upper boasts a partially finished basement, attached garage, central air conditioning, and a private swimming pool, all waiting for your vision to transform into a dream home. Located in the cultural hub, you can explore renowned museums and art galleries, which foster creativity and inspiration. Foodie paradise awaits. Indulge in a variety of restaurants offering diverse culinary experiences. Or explore the entertainment haven and catch a show, visit a local brewery, or enjoy the vibrant nightlife. If outdoor adventure is more your style, hike scenic trails, explore parks, or relax in your private oasis. Fix and flip investors; this is your chance to renovate and flip this spacious ranch for a substantial profit. For rental property investors, this is an opportunity to generate consistent rental income with a well-located home featuring a pool and ample space. All potential Buyers are requested to check with the City, County, Zoning, Tax, Schools, and other records to determine all details on this property listed above to their satisfaction. The Buyer is responsible for performing their due diligence. Do not disturb the Occupants. CASH -ONLY, DRIVE-BY only.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.605.5576
Rick.Cannavaro@raveis.com
NMLS Mortgage Loan Originator ID 89074
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $292,560 | $292,560 | $292,560 |
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 | $610 | $610 | $610 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,946 | $1,944 | $2,467 |
Total Monthly Payment | $2,631 | $2,629 | $3,152 |
* 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.