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Highest and Best by Thursday 3/27 @ 6PM. Nestled along the picturesque Farmington River, this side-by-side duplex offers breathtaking water views and a unique investment opportunity! Whether you're looking for a prime income-generating property or a comfortable owner-occupied residence, this home provides both versatility and charm. Each unit features 2 spacious kitchens and large living room areas, perfect for comfortable living and entertaining. A detached 2-car garage provides ample storage and parking. Enjoy the beauty of riverfront living while being conveniently located near Simsbury's top amenities, outdoor recreation, and vibrant community. Step outside and embrace riverfront living at its finest-spend your mornings sipping coffee while listening to the gentle flow of the river, enjoy kayaking, canoeing, and fishing right from your backyard, or simply relax and take in the natural beauty that surrounds you. Don't miss out on this rare opportunity!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $295,920 | $295,920 | $295,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | $606 | $606 | $606 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,846 | $1,944 | $2,457 |
Total Monthly Payment | $2,527 | $2,625 | $3,138 |
* 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.