Experience lake living and save! With the spring market fast approaching, acting now could mean significant savings and avoiding the seasonal price surge that comes with warmer weather. Welcome to Coventry, CT-a town steeped in history as the birthplace of Nathan Hale and home to landmarks and rich traditions. At the heart of it all lies Lake Wangumbaug, affectionately known as Coventry Lake. Surrounding the lake is the vibrant Patriots Park, a 17. 5-acre haven with a waterfront, lodge rental facility, playscape, pickleball and basketball courts, picnic pavilions, and open fields. Yet, the LT Assoc. offers something even more exclusive: your very own PRIVATE community. Here, enjoy private beaches, a boat launch, storage for your boats, kayaks, and canoes, a basketball hoop, and a welcoming community that combines exclusivity with connection to the area. This home is perfectly positioned just 300 feet from the lake and your private beach, while also linking directly to the Millbrook Greenway, making it a short walk to historic Coventry Village with its shops, dining, and charm. The property itself is a true gem. From the thoughtfully designed 10x40 crushed white stone and seashell driveway with timberline borders to the choice of two attached decks, every feature has been carefully considered. Step inside and you'll find a fully renovated interior that maximizes every inch of space to comfortably accommodate family, friends, and guests! 13 Month Home Warranty included!! Here are some valuable links to the town, lake and more! https: //www. coventry-ct. gov/593/Coventry-Lake https: //www. coventry-ct. gov/271/About-Coventry https: //en. wikipedia. org/wiki/Coventry, _Connecticut
Type | Description | Dimensions | Level |
---|---|---|---|
Eat-In Kitchen | Remodeled,Beams,Breakfast Bar,Ceiling Fan,Quartz Counters,Fireplace | 8.0 x 9.0 | Main |
Full Bath | Remodeled,Quartz Counters,Full Bath,Tile Floor | 6.0 x 8.0 | Main |
Living Room | Remodeled,9 ft+ Ceilings,Cathedral Ceiling,Ceiling Fan,Combination Liv/Din Rm,Fireplace | 10.0 x 22.0 | Main |
Primary Bedroom | Remodeled,Tile Floor,Vinyl Floor | 8.0 x 15.0 | 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 | $183,920 | $183,920 | $183,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $170 | $170 | $170 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,208 | $1,208 | $1,540 |
Total Monthly Payment | $1,453 | $1,453 | $1,785 |
* 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.