Welcome to Masons Estates, an enclave within the prestigious Masons Island, offering a unique opportunity to build your dream home in one of Southeastern Connecticut's most desirable coastal communities. Imagine the possibilities as you create a custom residence that reflects your personal style and vision. While the proposed home designs offer a glimpse into what could be built, you have the freedom to bring your ideas to life, working closely with our experienced builder to craft the perfect sanctuary. From luxurious hardwood and tile flooring to custom cabinetry, detailed millwork, and high-end finishes, every detail can be tailored to your taste. Imagine relaxing by a masonry fireplace, or enjoying the coastal breeze from your IPE deck, all while surrounded by top-quality materials like cedar shingles, Andersen windows, and a GAF Lifetime roofing system. With underground utilities, including public water access, and advanced systems such as a Viessman boiler and Carrier heat pump, you can enjoy both comfort and efficiency. The flexibility to enhance your home further is yours, with optional upgrades like geothermal HVAC and sophisticated lighting systems. While landscaping, architectural planning, and permitting are excluded, the opportunity to shape every detail ensures your home will be truly one-of-a-kind. Masons Estates is more than just a place to live; it's a canvas for creating your ideal lifestyle in one of Connecticut's beautiful coastal settings.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Kitchen | Main |
Primary Bedroom | Upper |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$2,557,613
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 | $2,046,090 | $2,046,090 | $2,046,090 |
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 | 6.987% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,458 | $12,432 | $16,854 |
Total Monthly Payment | $11,583 | $12,557 | $16,979 |
* 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.