This unique home is a mid-century modern masterpiece offering 4100 sq. ft. of single level living on 1. 63 acres with seasonal waterviews! A short walk to beaches, this special home has 5BDRS, 4 1/2baths, a large formal living room, a den with FP, full wet bar, sliders to the deck & stereo system with speakers throughout the house. Also, an expansive kitchen w/granite counters, new D/W, sub zero refrigerator, double ovens, electric cooktop range, ice maker, extra freezer. Large dining room, & MBR suite w/luxurious seamless glass shower- all perfect for entertaining and/or short-term rentals! Partially finished lower level studded & plumbed for 4 room layout of potential 2 room in-law apt. w/bath, plus pool room, and kitchen/laundry room. Also in basement a sauna, walk-in cedar closet, wine cellar, & 13 zone heating system new in 2019. Central air, loads of storage, deck, 3 bay garage w/storage, tennis court, rolling lawn w/2 massive copper beach trees. The period architecture is accented by an impressive array of antiques & artwork. A special property with too many amenities to list! SELLER FINANCING AVAILABLE. Come and be part of the exciting New London lifestyle with great dining, boating, shopping, history, and the opportunities of the Coast Guard Academy, Connecticut College, Mitchell College, General Dynamics, Pfizer, etc AND half way between Boston & New York City and minutes from Mystic Ct. attractions.
Type | Level |
---|---|
Bedroom 1 | Main |
Bedroom 2 | Main |
Bedroom 3 | Main |
Bedroom 4 | Main |
Bedroom 5 | Lower |
Den | Main |
Dining Room | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Main |
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Frank.Kolb@raveis.com
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 | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $1,433 | $1,433 | $1,433 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,306 | $4,248 | $5,390 |
Total Monthly Payment | $5,831 | $5,773 | $6,915 |
* 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.