LINCOLN -NOW BUILDING. MOVE IN READY WINTER 2025 - Three Bedrooms, three full baths, two-car garage. A large primary bedroom with a walk-in closet and primary bath is perfect after a long day. A vaulted ceiling family room, perfect for gatherings along with the dining room and modern kitchen, includes stainless steel appliances including a refrigerator, induction range, vented chimney hood, in-island microwave, dishwasher, and garbage disposal. Introducing the newest community by EG Home, The Enclave at Barn Island is nestled in this charming New England shoreline town of Stonington, Connecticut. This single-family luxury home community will feature 42 homes. Located in the Village of Pawcatuck, within walking distance to the Pawcatuck River, minutes to downtown Westerly, and surrounded by an abundance of beautiful beaches, golf courses and vineyards. Enjoy this low-maintenance community with a pavilion gathering area. his home will meet the extraordinary levels of excellence in energy and performance specified by the DOE's Zero Energy Ready and Indoor airPLUS certifications. You can enjoy an independently inspected home with cutting-edge features that ensure unparalleled comfort and long-lasting durability. Our homes boast combustion-free water heating, space conditioning, and rapid hot water delivery through an on-demand recirculation loop. Camera/Audio Surveillance on location.
Type | Description | Level |
---|---|---|
Bedroom 1 | 9 ft+ Ceilings | Main |
Bedroom 2 | Upper | |
Dining Room | Main | |
Family Room | Vaulted Ceiling | Main |
Full Bath | Main | |
Full Bath | Tub w/Shower | Upper |
Kitchen | Main | |
Loft | Upper | |
Primary Bath | Main | |
Primary Bedroom | 9 ft+ Ceilings,Full Bath,Walk-In Closet | Main |
Study | Main |
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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 | $851,708 | $851,708 | $851,708 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,836 | $5,314 | $7,130 |
Total Monthly Payment | $4,961 | $5,439 | $7,255 |
* 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.