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Come and rest and relax with the experience of waterfront living in this charming 2-bedroom cottage with central air conditioning. Nestled in beautiful Saunders Point historical area on Smith Cove which leads out to Niantic River. This retreat boasts serene atmosphere and features a small yard with cozy porch to enjoy your coffee or any meal. 1 bedroom contains 1 full and 1 twin bed; the other contains 1 twin bed. Bed linens and bath towels supplied. Beach towels need to be brought with you. A fully furnished home and kitchen provided with wi-fi, picturesque views and modern amenities. NO Smoking and NO Pets allowed. *Rental is Saturday 3pm (check-in) to Saturday 10am (check-out). Available July 13-20; July 27-August 3; August 10-August 17; August 24-August 31; September 7- September 7- September 14. Owners live in vicinity of this rental and have access to their boat at dock behind home.
Type | Level |
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Bedroom 1 | Main |
Primary Bedroom | Main |
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William Raveis Real Estate
Phone: 888.699.8876
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $1,600 | $1,600 | $1,600 |
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 | $11 | $11 | $14 |
Total Monthly Payment | $86 | $86 | $89 |
* 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.