GPS LOCATION To PROPERTY: 58 Leetes Island Rd Guilford. THIS HOME IS NOT IN THE FLOOD ZONE AND DOES NOT REQUIRE FLOOD INSURANCE! This Sachems Head property is practically new, having been built in 2021 by the current owner/contractor. Offering privacy and elevated water views, the home features a whole house generator and fully owned solar panels, making electric bills nearly nonexistent. A 4 zoned FHA HVAC system, a state-of-the-art HWH that competes with On-Demand technology to save energy costs, and town water complete the package. Enjoy outdoor living with a fire pit, a fenced garden or dog run, and a deck off the impressive kitchen and great room, which contains a wood-burning stove and entertainment center. Brazilian hardwood floors are on the main level and second floor bedroom level. Engineered hardwood floors are in the common area of the lower level. All bathrooms are tiled as is the foyer. The home has four bedrooms on the second floor, with two being ensuite and featuring spacious walk-in closets. The walkout lower level has additional space, including an office/workout room and a full bath, ideal for guests or a quiet workspace. Surrounded by nature, with mature plantings, outcropped rocks, and nearby nature trails, large windows fill the house with natural light and serene views. All this and the charm of Guilford Center --only one mile away -- shopping, restaurants, cultural activities and the arts as well as access to I95. This home combines the comfort of a primary residence with the charm of a vacation retreat.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Bedroom Suite,Dressing Room,Full Bath,Hardwood Floor,Stall Shower | 12.1 x 16.7 | Upper |
Bedroom 2 | 9 ft+ Ceilings,Hardwood Floor | 14.7 x 24.0 | Upper |
Bedroom 3 | 9 ft+ Ceilings,Hardwood Floor | 12.0 x 19.9 | Upper |
Dining Room | 9 ft+ Ceilings,Hardwood Floor | 12.1 x 20.0 | Main |
Living Room | Balcony/Deck,Built-Ins,Combination Liv/Din Rm,Wood Stove,Sliders,Hardwood Floor | 16.1 x 18.1 | Main |
Primary Bedroom | Bedroom Suite,Dressing Room,Full Bath,Stall Shower,Walk-In Closet,Hardwood Floor | 12.1 x 17.8 | Upper |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $906,640 | $906,640 | $906,640 |
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 | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,194 | $1,194 | $1,194 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,077 | $5,509 | $7,468 |
Total Monthly Payment | $6,396 | $6,828 | $8,787 |
* 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.