The details of this listing include an assemblage of 5 properties including 2 building lots, one of which is 6 N. Broad St, the other is 52 Pequot Trail. In addition there are 3 single family homes, two Ranch style homes and one Conventional home. The year built is reflects 56 Pequot Trail. This is a unique opportunity to purchase this assemblage with endless possibilities. With three dwellings, an oversized 3 car garage with loft space and two additional building lots, this package offers versatility and potential for various investment strategies. Whether you’re considering rental income, development projects, a personal residence option or a multi-generational compound, this assemblage provides a solid foundation for building value and realizing long-term gains. Whether you are a car collector, hobbyist, sculptor, art enthusiast, bird watcher, or simply appreciate nature, this property caters to a diverse range of interests. The park-like setting, beautiful landscaping, gardens, pavilion, and rose arbor, both with granite floors, provide a focal point for outside events or further development. Just minutes away from historic Mystic, picturesque Stonington Borough and the beaches of Westerly and Watch Hill, this location adds to the appeal of the properties and makes this a desirable location to all.
Type | Level |
---|---|
Bedroom 1 | Main |
Bedroom 2 | Main |
Bedroom 3 | Main |
Bedroom 4 | Main |
Bedroom 5 | Main |
Bedroom 6 | Upper |
Bedroom 7 | Upper |
Bedroom 8 | Upper |
Dining Room | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $1,428 | $1,428 | $1,428 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,127 | $8,782 | $11,681 |
Total Monthly Payment | $9,680 | $10,335 | $13,234 |
* 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.