Welcome to Cornerstone Village, a new construction pocket communtity in Groton, CT! These exclusive 1700 Sq. Ft. 3-bedroom, 2. 5 bathroom homes offer a unique blend of "feel at home" living with the worry free amenities of a maintenace free condominim life style. This new neighborhoold-uniquely separated and not affiliated with Winding Hollow or SpyGlass- could be the perfect match for you if you are looking for an option to big box living. Cornerstone Village offers dedicated front doors to each condo/home. A mix of exterior New England colors. Each unit at Cornerstone Village features open-concept designs and private one car attached garages. You will experience a life style of both elegance and ease. This in-town location provides a rural feeling from your private deck and easy access to Groton Town's beachs, parks, walking trails, shopping, medical, employment, and major highways. Cornerstone Commons is more than just a place to live: it's a lifestyle. This pocket community is perfectly positioned on a closed end road and balances the tranquility of a village living with the proximity to all of modern life. This unique blend makes it a complelling option for families, active adults, and anyone looking to elevate their daily life experience. Assesed values and taxes to be updated upon filing of condo docs total square footage will change at filing time also
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Upper |
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$460,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $368,000 | $368,000 | $368,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,448 | $2,446 | $3,103 |
Total Monthly Payment | $2,523 | $2,521 | $3,178 |
* 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.