Waterfront properties don't come along often, so you better not wait! This wonderfully built colonial features three bedrooms and two full baths, The good sized family room, with hardwoods, opens to a massive deck. There is also a room on the first floor which could be used for many purposes-dining room, craft room, homeschooling area or a guest room. The primary bedroom has an attached 10x10 sitting room. The large lot sits on Beach Pond, a 372 acre lake that borders forestry and wetlands. If you have a small motor boat, rafts, canoes or kayaks, this natural Pond is perfect for you. Access to more swimming is available at Finn Beach- just a few houses away! . Do you need a separate in-law? Teenager or young adult space? A place for guests? It's all here! Property also has a 'sweet' cottage that features two bedrooms and one bath, and has recently been renovated. (528sqft) The info provided in this listing, refers to the main house. Cottage has electric heat and a 30 gallon water heater. Also listed as a two family. For more info on Beach Pond, go to Voluntown. gov/Beach-Pond/ . This amazing property is not located in a flood zone.
Type | Dimensions | Level |
---|---|---|
Bedroom 1 | 14.0 x 13.0 | Upper |
Bedroom 2 | 14.0 x 15.0 | Upper |
Dining Room | 14.0 x 10.0 | Main |
Eat-In Kitchen | 14.0 x 10.0 | Main |
Living Room | 16.0 x 26.0 | Main |
Office | 14.0 x 13.0 | Main |
Other | 10.0 x 10.0 | Upper |
Primary Bedroom | 14.0 x 16.0 | Upper |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $538,400 | $538,400 | $538,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $717 | $717 | $717 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,492 | $3,447 | $4,471 |
Total Monthly Payment | $4,301 | $4,256 | $5,280 |
* 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.