Highly sought after Bishops Cove Condominium! This newly, completely renovated, beautifully designed unit has 2 bedrooms, 2. 5 baths, and 3, 753 total sf on cul-de-sac. It is absolutely stunning and is full of light filled and elegant aesthetic spaces. Townhouse consists of 2 levels and has an open kitchen and dining room with amazing lighting and nice views through the expansive glass slider that opens to the outdoor balcony overlooking the pond. The kitchen has quality cabinetry with lots of storage, a multifunctional center island, and a breakfast bar on the outer perimeter with gorgeous high ceilings in the adjacent spacious library and living room that displays a gas fireplace. On the upper level are the bedrooms, both with their own private full baths. The Primary displays a walk-in closet and radiant floors in the luxury bath with a double vanity that showcases an artistic backdrop. The finished lower-level living space features a large family room and walk-out including an office/rec room, providing plenty of square footage to function as a possible in-law/caregiver apartment. This luxury home is complete with central air, a laundry room, attached 2 car garage, and expansive windows throughout. Mystic is a charming village within the town of Stonington and Bishop's Cove is a wonderful community that you will love and enjoy utilizing the Associations clubhouse, in-ground pool, paddle tennis, and tennis courts. Close to Downtown!
Type | Description | Level |
---|---|---|
Bedroom 1 | 9 ft+ Ceilings,Full Bath,Wall/Wall Carpet | Upper |
Dining Room | Balcony/Deck,Sliders,Hardwood Floor | Main |
Family Room | Built-Ins,Sliders,Hardwood Floor | Lower |
Kitchen | Skylight,Eating Space,Island,Hardwood Floor | Main |
Library | 9 ft+ Ceilings,Hardwood Floor | Main |
Living Room | 9 ft+ Ceilings,Gas Log Fireplace,Hardwood Floor | Main |
Office | Hardwood Floor | Lower |
Primary Bedroom | 9 ft+ Ceilings,Balcony/Deck,Full Bath,Sliders,Walk-In Closet,Wall/Wall Carpet | Upper |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $638 | $638 | $638 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,696 | $4,010 | $5,437 |
Total Monthly Payment | $4,426 | $4,740 | $6,167 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.