WATERFRONT property offering an unparalleled blend of classic charm and exceptional potential. The main residence, a spacious 4, 000+/- sq ft estate, graces nearly an acre of professionally landscaped grounds, providing a serene retreat overlooking the tranquil Lower Mystic Lake. Immerse yourself in breathtaking lake views and Indulge in the luxury of waterfront living. With 12 rooms including 1900 square feet on the main level, the spacious interior features 4 bedrooms, 2. 5 bathrooms, formal dining & living rooms, showcasing two fireplaces, period details, built-in cabinetry, walk-in closets and large windows capturing stunning natural light. Two car garage and walk in attic provide plenty of storage. Hardwood under carpeted stairs and 2nd floor carpet. With easy city access development opportunities abound. Investment Highlights include the existing cottage for potential ADU plus an expansive lot for the potential to subdivide for new construction.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Cable Hookup | 11.0 x 14.0 | Second |
Bedroom 3 | Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Cable Hookup | 12.0 x 16.0 | Second |
Bedroom 4 | Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Cable Hookup | 12.0 x 14.0 | First |
Dining Room | Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture | 21.0 x 13.0 | First |
Kitchen | Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Exterior Access, Recessed Lighting | 12.0 x 20.0 | First |
Living Room | Flooring - Hardwood, Window(s) - Picture, Cable Hookup | 15.0 x 23.0 | First |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Cable Hookup | 13.0 x 13.0 | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,900,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,320,000 | $2,320,000 | $2,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $1,831 | $1,831 | $1,831 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,991 | $14,285 | $19,266 |
Total Monthly Payment | $14,947 | $16,241 | $21,222 |
* 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.