Gorgeous 4-bedroom Cape on Horton Cove providing water access to Connecticut's Shoreline and the 'Salt Life"! Feels like you're on vacation all year round with spectacular sunsets, sparkling seas and sunny days. Home shows pride of ownership and energy efficient options keeping bills & fuel usage low! Brand new paint & carpeting on the upper level, gleaming hardwood floors in the living, dining and main bedroom. Wide doors, wide windows and wide views of the quiet cove! Two car garage attached with breezeway providing ample storage & shelving. Full basement with more shelving, work bench and well cared for furnace, filters and flawless planning for the future! Outlet and clean-out for a camper. New stairs to private aluminum dock with electricity and water. Take your boat just under the bridge to the Thames River, only limited by where your boat can go! Bridge clearance is +/- 7ft during high tide.
Type | Description | Level |
---|---|---|
Bedroom 1 | Ceiling Fan,Walk-In Closet,Wall/Wall Carpet | Upper |
Bedroom 2 | Ceiling Fan,Wall/Wall Carpet | Upper |
Bedroom 3 | Wall/Wall Carpet | Upper |
Dining Room | Breakfast Bar,Hardwood Floor | Main |
Living Room | Fireplace,Hardwood Floor | Main |
Primary Bedroom | Ceiling Fan,Walk-In Closet,Hardwood Floor | Main |
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$695,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $556,000 | $556,000 | $556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $576 | $576 | $576 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,699 | $3,653 | $4,689 |
Total Monthly Payment | $4,367 | $4,321 | $5,357 |
* 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.