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Tucked away on a quiet side street in a desirable Colchester neighborhood, this charming 3-bedroom, 1. 5-bath ranch offers comfort, convenience, and thoughtful updates throughout. Step inside from the spacious front deck and you’ll immediately notice the natural light pouring through large, west-facing windows. The inviting living room features a wood-burning fireplace, a large bay window, and warm oak floors that run through much of the home. A clear line of sight flows from here through the dining area, over the half-wall and into the large kitchen, striking the perfect balance between open and defined spaces. The kitchen offers attractive cabinetry and ample counter space—ideal for anyone who loves to cook. The three rear bedrooms are generously sized, with the primary suite offering plentiful space and a beautifully renovated half-bath. The full bath has also been refreshed, and is easily accessed from both the living area and the second and third bedrooms down the hall. The full, open, unfinished basement offers incredible potential and houses a new (Nov. 2023) on-demand heating system. An attached two-car garage adds storage and convenience, while the fully fenced backyard—complete with mature trees, perennials, and full sun exposure—is perfect for pets, play, or privacy. Come see it today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$485,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $388,000 | $388,000 | $388,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $482 | $482 | $482 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,452 | $2,549 | $3,248 |
Total Monthly Payment | $3,009 | $3,106 | $3,805 |
* 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.