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Nestled in the heart of Derby, Connecticut, 26 Washington Street is a charming single-family home that seamlessly blends historic character with modern potential. Built in 1880, this residence offers 1, 236 square feet of living space, encompassing 4/5 bedrooms and 2 full bathrooms. The property sits on a generous 0. 26-acre lot, providing ample outdoor space with stunning fruit bushes/ gardens, recreation area, and future expansions. The home's classic farmhouse architecture is complemented by its detached garage (which faces high street) and driveway, ensuring convenient parking and storage solutions. There is a lovely front enclosed porch along with a second floor porch and 2nd floor exit into the yard. The roof is brand new (6 months old) and the furnace is only four years old. Please note: this property is unique and a bit quirky, & priced accordingly. Items to note. There could be 5 bedrooms. The layout is set up as the 1st floor with the kitchen and open concept dining/living area & a full bathroom. The 2nd floor has 2 bedrooms & a full bathroom. The 3rd floor has its own door at the entryway & then it opens up to 3 more rooms. Located within close proximity to Bradley School, Derby Middle School, and Derby High School, making it an ideal setting for families. Whether you're a first-time homebuyer or looking to invest in a property rich with history and potential, this home offers a unique opportunity to create a personalized haven in a quaint New England community. The front sunroom does not have heat and that's where the laundry is however the seller has not had any issues. There is also an added on room after the storage / hot water heater room. It has a half bathroom which is not included in the bathroom count and then a big enclosed storage or workshop area. Solar panel lease to transfer which were just put on and it's a 25 year lease at $87. 00 a month currently.
Type | Level |
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Bedroom 1 | Upper |
Bedroom 2 | Upper |
Bedroom 3 | Upper |
Dining Room | Main |
Full Bath | Main |
Full Bath | Upper |
Living Room | Main |
Primary Bedroom | 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 | $256,000 | $256,000 | $256,000 |
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 | $320 | $320 | $320 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,474 | $1,616 | $2,090 |
Total Monthly Payment | $1,869 | $2,011 | $2,485 |
* 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.