Spectacular waterfront Pied-A-Terre located on Little Narragansett Bay in the heart of the Stonington Borough. History rich Sea Village Apartments have been converted into Sea Village Condominiums with just 14 residences. This second floor, one bedroom, one bathroom condo has stunning water views. The complex is currently undergoing major upgrades & renovations. Designed in partnership with a local interior designer the property features a private 113' dock that can accommodate boats up to 18'. On site laundry facility with an app-based payment system. Locker storage room designed by California Closets. Multiple outdoor entertaining spaces including 2 firepit areas with Adirondack Chairs and an upper deck lounge. Community gas grill. Off street parking. Coming soon to the unit is an energy efficient LG multi-split heating / air conditioning system. Just a few minutes' walk to DuBois Beach and the Historic Stonington Point Lighthouse. Come enjoy all the restaurants, shops, culture and activities that the Stonington Borough has to offer. Positioned halfway between Boston & New York with easy Amtrack access. HOA fees include all utilities except cable / internet. This condo is spectacular and a pleasure to show.
Type | Level |
---|---|
Eat-In Kitchen | Main |
Primary Bath | Main |
Primary Bedroom | Main |
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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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,486 | $2,393 | $3,087 |
Total Monthly Payment | $2,561 | $2,468 | $3,162 |
* 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.