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Welcome to 353 Oak Trail, a charming and cozy cottage nestled in the serene Pine Lake Shores Private Community in picturesque Coventry, CT. This delightful 2-bedroom, 1-bathroom home is an ideal retreat for those seeking to downsize or in search of a peaceful summer escape. Step inside and you will be instantly captivated by the warm and inviting atmosphere of this quaint cottage. The thoughtful layout maximizes space, creating a comfortable living area perfect for relaxation and leisure. The enchanting Pine Lake Shores community offers access to the stunning Eagleville Pond. Spend your days kayaking, fishing, or simply savoring the peaceful ambiance by the water. Just steps away from your door, this pristine setting invites you to embrace an active, outdoor lifestyle. Whether you are looking to simplify your life in a charming lake community, or searching for the perfect seasonal getaway, this cottage is a rare find. Don't miss the opportunity to make this slice of tranquility your own.
Type | Level |
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Bedroom 1 | Main |
Dining Room | Main |
Full Bath | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Main |
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$199,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
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 |
|
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Loan Amount | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $201 | $201 | $201 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,073 | $1,058 | $1,365 |
Total Monthly Payment | $1,349 | $1,334 | $1,641 |
* 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.