5 Clearwater Road, Old Saybrook (Cornfield Point), CT, 06475 | $2,500

CHARMING COASTAL COTTAGE IN CORNFIELD POINT AVAILABLE FOR ACADEMIC RENTAL. Experience the charm of coastal living in this quaint 3-bedroom, 2-bath cottage in the highly sought after neighborhood of Cornfield Point. Just a short walk to the beach, this delightful home offers bright and airy queen-sized beds in all 3 rooms, beautifully maintained lot featuring two patios, an outdoor shower, and a gas grill. All utilities at the expense of the tenant except trash pickup. In-house laundry, central air conditioning, access to community amenities: tennis and pickleball courts, a basketball court, movies on the beach, weekly bingo and a playground at the nearby clubhouse (through September) Let's not forget the unforgettable sunsets on the beach just a short walk. Rental Details: Available September through May, maximum occupancy 6 people. Additional cleaning fee $300. No pets, no smoking. Embrace the relaxed lifestyle of Cornfield Point in this charming cottage perfect for shoreline living. Applicants must have excellent credit and apply online. Reach out to agent for link

Features

  • Type: Single Family
  • Town: Old Saybrook
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Main Level
  • Style: Cape Cod
  • Year Built: 1950
  • Garage: None,Driveway
  • Heating: Baseboard
  • Cooling: Central Air
  • Basement: Full
  • Above Grade Approx. Sq. Feet: 1,356
  • Lot Desc: Level Lot
  • Elem. School: Per Board of Ed
  • High School: Old Saybrook
  • Pets Allowed: No
  • Appliances: Electric Range,Microwave,Refrigerator,Freezer,Dishwasher,Washer,Electric Dryer
  • Lease Term Type: Per Month
  • MLS#: 24028505
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /raveis/24028505/5clearwaterroad_oldsaybrook_ct?source=qrflyer
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.

Room Information

Type Level
Bedroom 1 Upper
Bedroom 2 Upper
Dining Room Main
Eat-In Kitchen Main
Living Room Main
Primary Bedroom Main
Sun Room Main

William Raveis Family of Services

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203.809.2076

Lisa.Fekete@raveis.com

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Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

Our Executive Mortgage Banker:

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5 Clearwater Road, Old Saybrook (Cornfield Point), CT, 06475

$2,500

Lisa Fekete

Sales Associate

William Raveis Real Estate

Phone: 203.809.2076

Lisa.Fekete@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $2,000 $2,000 $2,000
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 N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $13 $13 $17
Total Monthly Payment $88 $88 $92

* 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.