The essence of seaside living is found with this fabulous coastal retreat in the quintessential Village of the Stonington Borough. Built in 1920 and updated to maintain the allure of coastal charm with its wide plank pine floors and captivating fireplace while offering the most heavenly vistas of Sandy Point, Watch Hill and beyond. The utterly incredible property offers amenities like no other. . a new seawall. . . deep water dock. . . new gorgeous patio/deck. . . new mechanicals. . . underground sprinklers. . central air. . . . first floor en-suite primary bedroom AND a second en-suite primary bedroom w/ a private deck overlooking the glory of the long island Sound. . . another en-suite bedroom & two more bedrooms with decks to enjoy the magnificent views and something rare in the Borough PARKING and a GARAGE! The main level has a lovely kitchen, dining area & two family rooms/den. Enjoying natural sunlight throughout ensconced with glass to captivate the enchantment of the water. The Borough of Stonington is known for its rich history and epitomizes local pride in maintaining quaintness with its art galleries, small restaurants, boutiques, lighthouse and so much more. The sense of community is felt upon entering the Borough. 11 Hancox has the beauty of taking your boat from your deep water dock and anchoring it and enjoying the gorgeous the 35 acre Sandy Point Beach. This is truly a special offering and is located on a peaceful, quiet street in one of the most beautiful towns in New England
Type | Description | Level |
---|---|---|
Bedroom 1 | Balcony/Deck | Upper |
Bedroom 2 | Balcony/Deck | Upper |
Bedroom 3 | Upper | |
Dining Room | Main | |
Living Room | Main | |
Primary BR Suite | Main | |
Primary BR Suite | Balcony/Deck | Upper |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,880,000 | $2,880,000 | $2,880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $2,713 | $2,713 | $2,713 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,352 | $17,967 | $24,109 |
Total Monthly Payment | $19,190 | $20,805 | $26,947 |
* 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.