Presented byLisa Daniele |
Attention investors! Generate immediate income, 2 separate homes on 1 lot, captivating 2. 64 acres. #1031exchange opportunity. Featuring two fully renovated structures, #84, the main house exudes charming cottage-style allure, offering 3 bed|2 full bath; stunning kitchen, private driveway, private patio and yard area. While #86, a separate garage houses a beautiful apartment. A spacious sun porch / large mudroom; 2 bed|1 full bath; new kitchen, gleaming hardwood flooring, new mechanics, 2 car garage, private driveway and yard space. With two legal living structures, separate septics, versatility and convenience are paramount. A sanctuary of mature trees and lush, rolling green lawns, offering ample space for relaxation, growth, work, and play. Situated in a prime location, this property is within walking distance to Putman Park and just minutes away from award-winning schools and the vibrant town center of Redding. Discover the unparalleled lifestyle of Redding CT in Fairfield County. Also listed as single fam mls# 24016452
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$879,000
Sales Associate
William Raveis Real Estate
Phone: 203.996.1011
Lisa.Daniele@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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $703,200 | $703,200 | $703,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | $1,027 | $1,027 | $1,027 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,273 | $4,620 | $6,126 |
Total Monthly Payment | $5,392 | $5,739 | $7,245 |
* 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.