Presented byCarla Mousch |
SUMMERWOOD 2BR Condo - Newly Renovated with Stunning Views This meticulously maintained, newly renovated 2-bedroom condo with garage features both comfort and spectacular views. Located in the highly sought-after, friendly community of Old Saybrook. SUMMERWOOD provides a vacation-like atmosphere year-round. Relax on the expanded private deck, taking in the scenic marsh, water views, and private beach of Long Island Sound. From summer's osprey and egrets to the enhanced view of the tidal river in the fall, every season with its unique beauty. The main floor features an open-concept living, dining, and kitchen area, all recently renovated. You'll find quartz countertops, custom millwork cabinetry, stainless steel appliances, a breakfast bar, recessed lighting, and well-maintained hardwood floors. Crown molding, updated doors and windows, as well as a new hot water heater and furnace, ensure this home is truly move-in ready. Upstairs, the primary bedroom includes two walk-in closets and a full bath. A second bedroom with a large closet and a spiral staircase landing, which ascends to a versatile third-floor space perfect for a guest room, office, or workout area. This bright room features extra storage and a skylight. SUMMERWOOD has a full-time on-site caretaker and a range of amenities, including an in-ground pool, tennis and paddle courts, and a private beach with access for kayaking, paddle boarding, or swimming. Condos in this market are in high demand; don't delay.
Type | Description | Level |
---|---|---|
Bedroom 1 | Wall/Wall Carpet | Upper |
Dining Room | Balcony/Deck,Breakfast Bar,Combination Liv/Din Rm,Sliders,Hardwood Floor | Main |
Kitchen | Remodeled,Breakfast Bar,Quartz Counters,Hardwood Floor | Main |
Living Room | Combination Liv/Din Rm,Hardwood Floor | Main |
Loft | Skylight,Wall/Wall Carpet,On 3rd Floor | Upper |
Primary Bedroom | Full Bath,Walk-In Closet,Wall/Wall Carpet | Upper |
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NMLS Mortgage Loan Originator ID 10930
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $539,920 | $539,920 | $539,920 |
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 | $330 | $330 | $330 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,592 | $3,588 | $4,553 |
Total Monthly Payment | $4,014 | $4,010 | $4,975 |
* 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.