Nestled in the picturesque community of Pawcatuck, this charming log cabin home offers a blend of rustic allure and modern comfort. Spanning over 1900 square feet, this residence is set on an expansive lot of over 1 acre, providing a private and serene setting perfect for those seeking a tranquil lifestyle. The open concept design creates a welcoming atmosphere, with hardwood floors flowing throughout the main living area. The spacious layout allows for seamless movement from the living room to the dining area and kitchen. The home features multiple bedrooms and three full bathrooms, ensuring ample space for family and guests. The finished basement adds an additional 1065 square feet of living space, which includes a possible in-law setup. The lower level is equipped with a small kitchenette, a cozy living room, and two bedrooms, offering a perfect private space for extended family or guests. While the property does require some updating, it has been well-maintained with a new roof recently installed. This gives the new owner the opportunity to customize and modernize the space to their liking. A two-car attached garage. This log cabin is situated close to the Pawcatuck River.
Type | Description | Level |
---|---|---|
Bedroom 1 | Main | |
Bedroom 2 | Main | |
Bedroom 3 | Lower | |
Family Room | Lower | |
Kitchen | Island,Tile Floor | Main |
Living Room | Wood Stove,Hardwood Floor | Main |
Office | Lower | |
Primary Bedroom | Full Bath | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $295,920 | $295,920 | $295,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $406 | $406 | $406 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,969 | $1,967 | $2,496 |
Total Monthly Payment | $2,450 | $2,448 | $2,977 |
* 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.