River Colony is a peaceful small condominium complex with views of the salt marsh and river. This rarely available 1-bedroom, 1-bath unit has been beautifully updated and freshly painted throughout. The open-concept living and dining area features a newly remodeled kitchen, sustainable Tesoro hardwood floors, a brand-new AC unit, and upgraded lighting. The new Harvey sliding doors allow you to enjoy views of the marsh and river from your private deck. The unit has an energy efficient design and top-quality Harvey windows and sliders. Ideally located just south of Route 1 and just a few minutes away from I-95, Guilford Train Station, and the town's historic green, you're close to everything - Jacobs Beach, Guilford Marina, local shopping, fine dining, Bishop's Farm Market, and scenic hiking trails. With reasonable HOA and taxes, this well-maintained complex provides on-site laundry, ample parking, and additional storage space. Why rent when you can own this fully updated condo in Guilford's scenic shoreline community? This opportunity won't last long-schedule your visit today! Improvements: 2021 energy efficient water heater 2022 kitchen remodel including marble counters, undermount sink, ceramic tiling, lighting 2022 new Harvey windows and divided light sliders to patio 2022 new Tesoro sustainable hardwood floors throughout 2023 new AC unit (cools entire condo) 2024 new dining area lighting Note: Unit is in a flood zone. Flood insurance is paid in full by association. No garage parking. Parking is the lot. There is an extra storage are for this condo over the garages.
Type | Description | Level |
---|---|---|
Dining Room | Sliders,Hardwood Floor | Main |
Living Room | Sliders,Hardwood Floor | Main |
Primary Bedroom | Bedroom Suite,Full Bath,Hardwood Floor | 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 | $172,000 | $172,000 | $172,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $178 | $178 | $178 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,173 | $1,143 | $1,475 |
Total Monthly Payment | $1,426 | $1,396 | $1,728 |
* 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.