Stunningly unique waterfront contemporary on private sandy beach, turn key. From the Banksy styled tiled foyer entry complete with custom wall finishes, to the two-story wall of windows framing Long Island Sound water views, Charles Island & every sunset for its owners - this is the perfect getaway. Sleek stone floors, European kitchen cabinetry with high-end appliances. Huge island with seating overlooking the beach, long gas fireplace adds to the ambiance in the living room, sliders to deck, 9' ceilings. Principle bedroom with spa bath, two sets of glass doors for views of direct water and private deck. Additional 3 other bedrooms, all with closets with built-in shelving. Lower level with room for at least two cars, easy storage for all needed water sports equipment & beach furniture/umbrellas. Complete with window with counter facing the beach for a beach dining area/bar and an outdoor shower. This home is one that is energy efficient with owned solar panels and generator! Located on Cedar Beach, one of the most beautiful sandy beaches in Milford, Connecticut, walking distance to the Audubon Bird Sanctuary. Milford is a vibrant shoreline community, restaurants, shopping, train to NYC, between NY and Boston.
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$2,490,000
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 | $1,992,000 | $1,992,000 | $1,992,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $1,913 | $1,913 | $1,913 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,467 | $12,591 | $16,810 |
Total Monthly Payment | $13,505 | $14,629 | $18,848 |
* 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.