Once in a lifetime there comes an opportunity to own a Spectacular, Historic property. Located and overlooking "Downtown" North Stonington in Southeastern Connecticut. This serene home features 3 bedrooms, 6 fireplaces, a Cedar roof, a Styria wood burning range in the kitchen, stunning Maple floors on the 2nd level, a metal roof barn built in 2008 with stalls, tack room, workshop and an expansive 2nd level. and an outbuilding. The Shunock River and Assekonk Brook surround the property on 3 sides. As you enter the property on the tree lined, gravel driveway you can feel a sense of the historic significance this property exudes. Built in 1776 this home has too many original features to list, as well as some major updates. Conveniently located between New York and Boston and close to I-95, Foxwoods, Mohegan Sun, Mystic and many other world class attractions.
Type | Level |
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Other | Other |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.623% |
Monthly Tax Payment | $575 | $575 | $575 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,815 | $3,767 | $4,833 |
Total Monthly Payment | $4,482 | $4,434 | $5,500 |
* 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.