|
Charming Colchester Home Welcome home to this delightful split level home nestled in a peaceful Colchester neighborhood. 348 Red Oak Drive offers a wonderful blend of classic charm and comfortable living, perfect for first-time home buyers, growing families, or those seeking a tranquil retreat. Step inside to discover a warm and inviting living space, ideal for gatherings and everyday enjoyment. The layout provides ample room for relaxation and entertaining or summer barbecues in the spacious backyard. This home features 3 bedrooms and 2 bathrooms, offering plenty of space for everyone. The upper level offers a spacious primary bedroom with a second bedroom and a full bath The kitchen provides a functional space for meal preparation, with ample cabinet space and modern appliances. The lower level you'll find a bedroom, and office/den, and a huge family room or workout room adjacent to the 3/4 bath. Outside, the property boasts a large fenced in yard perfect for outdoor activities and relaxation. Don't miss this great Malletts Bay location minutes to Airport Park and the bike path. 12 Minutes to downtown Burlington Showings to Begin on Saturday 3/15
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$469,000
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 | $375,200 | $375,200 | $375,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.906% | 7.025% | 6.026% |
Monthly Tax Payment | $478 | $478 | $478 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,280 | $2,465 | $3,116 |
Total Monthly Payment | $2,833 | $3,018 | $3,669 |
* 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.