Location! Location! Location! Welcome to 294 Thimble Island Road-a charming opportunity for a creative homeowner or savvy investor. Nestled in the scenic and sought-after neighborhood of Stony creek, this home is surrounded by protected marsh, and is walking distance to the water making it primed and ready for your personal touch. This project home has been started and is waiting for the right owner to complete it to their vision. With its cozy charm and great bones, this house offers endless possibilities. Whether you're looking for a summer project to create your dream space or an investor aiming to add value in this ocean front community this is the home for you. Located close to the picturesque Thimble Islands and the vibrant Stony creek town center, this property offers both serenity and convenience. Imagine customizing your home while enjoying all the amenities Branford has to offer-beaches, shops, restaurants, and more. Don't miss out on this unique opportunity to own a piece of Branford and make it truly your own and start your journey towards transforming this house into the perfect home, summer house or investment.
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Dining Room | Main | |
Family Room | Main | |
Full Bath | Upper | |
Half Bath | Main | |
Kitchen | Main | |
Living Room | Main | |
Office | Main | |
Office | Upper | |
Primary Bedroom | Balcony/Deck,Dressing Room | Upper |
Rec/Play Room | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $651 | $651 | $651 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,160 | $3,160 | $4,109 |
Total Monthly Payment | $3,903 | $3,903 | $4,852 |
* 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.