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Welcome to Unit 63 at Forest Edge Condominiums. This townhouse has a garage right in the unit with easy access to your home! Laundry and storage is also on this level, and the washer and dryer is included with the sale. Come upstairs to the main level and see the open layout and expansive windows which allow for lots of natural light as well as views of the wooded area. Kitchen is updated and features newer appliances. Living and dining areas are spacious and with large windows and deck. Great spot to enjoy the summer months! A new air conditioner, and a pellet stove are also included. A half bath completes this level, with bedrooms on the top floor. The primary bedroom is HUGE and has a window seat and two closets. A full bath and second bedroom, as well as attic storage complete this unit. Forest Edge is located in Stafford Springs with quick access to I-84 and an easy commute to UCONN, Hartford and Boston. Unit is turn key and available for immediate occupancy.
Type | Description | Dimensions | Level |
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Bedroom 1 | 10.1 x 11.5 | Other | |
Dining Room | 8.0 x 11.8 | Main | |
Full Bath | 6.1 x 8.0 | Upper | |
Half Bath | 5.3 x 5.8 | Main | |
Kitchen | Remodeled,Bay/Bow Window,Double-Sink | 11.7 x 9.4 | Main |
Living Room | Balcony/Deck,Combination Liv/Din Rm,Pellet Stove | 11.0 x 17.9 | Main |
Primary Bedroom | Bay/Bow Window | 15.8 x 17.8 | Upper |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
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Loan Amount | $175,000 | $175,000 | $175,000 |
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% | 6.152% |
Monthly Tax Payment | $231 | $231 | $231 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,106 | $1,150 | $1,465 |
Total Monthly Payment | $1,412 | $1,456 | $1,771 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.