Nestled in the heart of Dud's Village, 63 South Street Cottage offers more than just a home-it promises a vibrant community experience. This seasonal cottage grants use from April 1st through October 31st, allowing residents to enjoy the warmer months of the east coast. Step into the updated kitchen, adorned with sleek, black granite counters and white cabinetry, illuminated by a charming skylight. Outdoor enthusiasts will appreciate the convenience of an outdoor shower, and an area for patio furniture. The enclosed porch reckons relaxation and gatherings, while a newly painted shed provides ample storage for tools and recreational gear. Beyond the cottage walls, a short walk unveils a plethora of delights. Indulge in the nearby restaurants, scenic hikes at Hammonnasset State Park, or enjoy leisurely strolls along the Shoreline Greenway Trail. Pet owners will enjoy the dog park in close proximity. With an annual land lease fee of $5, 000 this property REQUIRES a cash purchase. This property is tailored for those seeking a home away from home where they will enjoy the enriching lifestyle and experience of coastal living as well as community camaraderie. Schedule your viewings today and see for yourself the charm that 63 South Street has to offer!
Type | Description | Level |
---|---|---|
Bedroom 1 | Main | |
Eat-In Kitchen | Remodeled,Skylight,Quartz Counters | Main |
Full Bath | Main | |
Primary Bedroom | Main |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $124,000 | $124,000 | $124,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $162 | $162 | $162 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $835 | $824 | $1,046 |
Total Monthly Payment | $1,072 | $1,061 | $1,283 |
* 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.