Come live the lake lifestyle in this rarely available 3 level townhouse in the popular Mallard Cove community. Enjoy Lake Pocotpaug all year round! Walk to your own private beach with lake access, boat dock slip paid for summer 2025, kayak storage. This condominium has been well maintained with many recent updates. The kitchen has custom black and white cabinetry, beautiful wood countertops, custom appliances, very modern chic! Electric cook top oven w/ stainless vented hood, stainless refrigerator, pull-out pantry storage makes this kitchen one of a kind. Plenty of cabinet and counter space, granite island. The open layout is perfect for entertaining with kitchen open to dining area and living room with gleaming hardwood floors, modern lighting. Sliding glass door to sunny private deck for relaxing and grilling! The half bath on main level tastefully remodeled with beautiful vanity top and wicker accents. The second-floor features new wood flooring in both spacious bedrooms with plenty of closet space. Convenient second floor laundry and main bath with updated lighting, double sinks, tub/shower. The lower level features a custom wood staircase leading to approx. 500 sq ft of finished living space. Additional storage and workshop room complete the basement. Perfect location to walk to restaurants, shops and more! Newer Anderson windows, and sliding glass door, hot water heater. Do not miss this opportunity to live by the lake in the best location in East Hampton.
Type | Description | Level |
---|---|---|
Bedroom 1 | Engineered Wood Floor | Upper |
Dining Room | Hardwood Floor | Main |
Kitchen | Remodeled,Built-Ins,Granite Counters,Island | Main |
Living Room | Balcony/Deck,Combination Liv/Din Rm,Sliders,Hardwood Floor | Main |
Primary Bedroom | Engineered Wood Floor | Upper |
Rec/Play Room | Wall/Wall Carpet | Lower |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $375 | $375 | $375 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,596 | $1,595 | $2,057 |
Total Monthly Payment | $2,046 | $2,045 | $2,507 |
* 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.