Spacious 2 bed, 2 full bath condo in Brookfield Estates. Close to downtown Niantic, Rocky Neck State Park and I-95, this condo provides a great deal of convenience and ease of living. Nicely updated kitchen flows into the combination dining and living area. Freshly painted main level boasts wood floors and sliders to a deck that faces a wooded area. Upstairs, on the second floor there are 2 bedrooms, a laundry area and 2 full bathrooms. Stairs from the second floor bring you to a bright loft , perfect as a small office or den Tenant pays all utilities. Landlord will accept pets on a case by case basis subject to a $50 per month increase in rent. Credit and background check required at applicant's expense.
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Dining Room | Main | |
Full Bath | Upper | |
Half Bath | Main | |
Living Room | Main | |
Loft | Skylight,On 3rd Floor | Upper |
Primary Bedroom | Full Bath | Upper |
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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 | $1,840 | $1,840 | $1,840 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $12 | $16 |
Total Monthly Payment | $88 | $87 | $91 |
* 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.