Come explore the potential of 11 Maxson! With peeks of the Mystic River's tapestry, this timeless and charming New England Colonial in the hidden gem neighborhood of Willow Point in West Mystic offers plenty of room to enjoy as a primary or second home. Lovingly cared for by its present owner, the house features classic hardwood floors throughout, wood-burning fireplace, beautiful built-ins, a large deck for relaxing and entertaining, and an expansive yard. There are three generous bedrooms on the upper floor, as well as den and full bath on the main floor, which could easily be converted into an owner's suite. The sizeable attic space, which runs the length of the home, has potential for expansion -- further optimizing water views from the northeast to the southeast facing Fishers Island Sound. Less than 1 mile from downtown Mystic and all of its offerings, and less than 2 miles from Noank Village. Boaters will take note that 11 Maxson is adjacent to Mystic Shipyard, a full service marina, which also serves as a public coastal water access point. Property (11 Maxson Street) is being sold along with adjoining lot (0 Essex Street) for $699, 000. New owner can explore merging both properties for a potential reduction in property taxes. Town card lists the lot as "potentially developable" but over time it has been used as an expanded side yard.
Type | Description | Level |
---|---|---|
Bedroom 1 | Hardwood Floor,Walk-In Closet | Upper |
Bedroom 2 | Hardwood Floor | Upper |
Den | Full Bath,Hardwood Floor,Tile Floor,Tub w/Shower | Main |
Dining Room | Balcony/Deck,Built-Ins,Hardwood Floor | Main |
Full Bath | Built-Ins,Hardwood Floor,Remodeled,Skylight,Stall Shower | Upper |
Kitchen | Hardwood Floor,Pantry,Partial Bath,Tile Floor | Main |
Living Room | Balcony/Deck,Book Shelves,Built-Ins,Fireplace,Hardwood Floor | Main |
Primary Bedroom | Hardwood Floor,Walk-In Closet | Upper |
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$699,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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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 |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | $814 | $814 | $814 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,489 | $3,398 | $2,325,340 |
Total Monthly Payment | $4,395 | $4,304 | $2,326,246 |
* 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.