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New Construction in Tolland within the Owl Ridge subdivision can be ready to move in 30-45 days. Still a couple choices left for a buyer to select. This home is in a rural setting with beautiful views of a marsh beyond the property. Follow the paver sidewalk to the covered front porch. Once inside, the two story foyer welcomes you in with an oak staircase with metal spindles. The open floor plan features a spacious kitchen with a large island and full set of appliances including a gas oven range and vented hood. Shaker style cabinets with slow close doors and drawers, garbage disposal and double door pantry. Still time for a buyer to select tile for the backsplash. The spacious dining area opens to the living room with gas fireplace. The office with French door and powder room round out the first floor. Upstairs the primary bedroom features a large walk in closet with built in organizers. Primary bath has tiled floors, tiled shower with niche and glass door and a double sink vanity. The secondary bedrooms all have hardwood floors as well as ample closet space. The 4th BR is very large and would make a great family room or multi purpose room. There is a second full bath with tub and a walk in laundry room. Outside the kitchen is a large composite deck with vinyl rails. The walk out basement has extra full size windows, is rough plumbed for a full bath and features a slider that walks out onto a second, lower level deck.
Type | Description | Dimensions | Level |
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Bedroom 1 | Hardwood Floor | 11.0 x 12.0 | Upper |
Bedroom 2 | Walk-In Closet,Hardwood Floor | 11.0 x 12.0 | Upper |
Bedroom 3 | Hardwood Floor | 15.0 x 23.0 | Upper |
Dining Room | Hardwood Floor | 10.0 x 14.0 | Main |
Kitchen | Granite Counters,Island,Pantry,Sliders,Hardwood Floor | 15.0 x 15.0 | Main |
Living Room | Fireplace,Hardwood Floor | 13.0 x 16.0 | Main |
Office | Hardwood Floor | 11.0 x 12.0 | Main |
Primary Bedroom | Bedroom Suite,Ceiling Fan,Full Bath,Walk-In Closet,Hardwood Floor | 13.0 x 16.0 | Upper |
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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 | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | $227 | $227 | $227 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,223 | $3,535 | $4,572 |
Total Monthly Payment | $3,542 | $3,854 | $4,891 |
* 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.