An exceptional waterfront backdrop for your own Ct River front sanctuary! A very rare and dear opportunity to own a double possible triple lot on over an acre of land. The architecture currently responds to the mid 1900's exuding charm, coziness & a quaint essence to gather. You are given carte blanche to reimagine the living spaces creating artful renovations for generations to come. The spectacular location is right across from the East Haddam airport with views of sea planes landing in the river as well as sailboats, ships and the newly renovated historical swing bridge from the property. This cottage is in need of a few upgrades making it a venture of design. Upon entering to find a quaint light & bright eat in kitchen. The bedroom & bathroom is to the right, the dining/living room is to the front with expansive river views, about 138' of water frontage. This quintessential bungalow cottage and oversized waterfront location is priced to sell, impossible to duplicate this special piece. The last picture is the land across the road of which belongs to this parcel.
Type | Description | Level |
---|---|---|
Kitchen | Main | |
Living Room | Balcony/Deck,Combination Liv/Din Rm,Sliders | Main |
Primary Bedroom | Main |
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William Raveis Real Estate
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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 | $340,000 | $340,000 | $340,000 |
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 | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $457 | $457 | $457 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,234 | $2,234 | $2,846 |
Total Monthly Payment | $2,766 | $2,766 | $3,378 |
* 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.