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DIRECT WATERFRONT 1st floor end unit on the sandy beach; open, renovated KIT w/ granite counters; LR/DR combo with wood burning FP and sliders to deck overlong the beach; Primary BR suite w/ sliders to private deck on the water, jacuzzi tub in primary BR bath; 2nd waterfront BR has bath and opens to beachfront deck; 3rd BR overlooks the creek and cove; all BRS have walk-in closets; hardwood floors throughout; complex is located at the mouth of the Farm River and Long Island Sound with 4 sandy beaches; tennis courts, bocci, and pool overlooking the water. 15 minutes to Downtown New Haven, Yale, Metro North and Amtrak, the hospitals, and all amenities. A rare opportunity to live on the water and enjoy this dynamic environment. Owner/Agent There will be a new assessment for structural work which is being researched now. Trusses need to be evaluated and replaced where rotted and waterproofing the space under the first floor units so trusses will not deteriorate in the future. An engineering report was commissioned by the Board and c
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Balcony/Deck,Full Bath,Walk-In Closet,Hardwood Floor | Main |
| Bedroom 2 | Walk-In Closet,Hardwood Floor | Main |
| Dining Room | Hardwood Floor | Main |
| Kitchen | Remodeled,Granite Counters,Country,Hardwood Floor | Main |
| Living Room | Balcony/Deck,Combination Liv/Din Rm,Fireplace,Sliders,Hardwood Floor | Main |
| Primary Bedroom | Balcony/Deck,Full Bath,Whirlpool Tub,Sliders,Walk-In Closet,Hardwood Floor | 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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $672 | $672 | $672 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,157 | $3,330 | $4,433 |
| Total Monthly Payment | $3,921 | $4,094 | $5,197 |
* 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.