Charming 3-Bedroom Home in Mystic, CT - Ideal for Living or Short-Term Rentals! Discover 287 Mistuxet Ave, a well-maintained 3-bedroom, 1-bath home nestled on a peaceful . 8-acre wooded lot, just outside the bustle of downtown Mystic. This move-in-ready property features hardwood floors throughout, an updated kitchen with new flooring, a fully renovated bathroom, and all-new windows that flood the space with natural light. A 2023-installed minisplit heating and cooling system provides year-round comfort. Currently owner-occupied, this home has also been successfully used for short-term rentals like Airbnb and offers great potential as a ready-to-go investment property. The owner is happy to share all Airbnb details with interested buyers. With its tranquil location and proximity to Mystic's shops, restaurants, and attractions, this property is perfect for those seeking a quiet retreat with easy access to town. It's move-in ready but still offers plenty of potential for your personal touch or to continue its profitable rental history. Don't miss out-schedule your tour today!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Ceiling Fan,Hardwood Floor | 12.0 x 10.0 | Main |
Bedroom 2 | Ceiling Fan,Hardwood Floor | 12.0 x 12.0 | Main |
Kitchen | Built-Ins,Dining Area | 13.0 x 18.0 | Main |
Living Room | Built-Ins,Fireplace,Hardwood Floor | 12.0 x 21.0 | Main |
Primary Bedroom | Ceiling Fan,Hardwood Floor | 13.0 x 15.0 | 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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 5.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.285% | 5.510% |
Monthly Tax Payment | $371 | $371 | $371 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,187 | $2,187 | $2,894 |
Total Monthly Payment | $2,633 | $2,633 | $3,340 |
* 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.