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Your own Outside Shower and Walking distance to Davis Beach! Enjoy waterviews and great sunrises from your wraparound Trex deck. Many updates including Marvin Windows, mini-split systems in all 3 upstairs bedrooms / kitchen area sitting room / living room / studio room = A/C in summer and heat pump for extra warmth options in winter, 200 amp service, thermal hot water storage tank, gutter leaf guards, added side fence for fully enclosed backyard. Studio room could be a possible an in-law suite with private entrance which provides (private full bath, built-in desk area) off of the large laundry room with extra space. Windows are new Marvin and newer Andersen. In addition to the living room with fireplace, there is a sitting room in the kitchen area with access to the deck and another sitting room outside the dining room with stairs down to the laundry room and studio room. Additions include lawn sprinklers, dehumidifier, sump pump, and basement system upgrade to include insulation, lining / sealing of crawl space. Circular driveway with plenty of parking for guests with many beautiful flowering shrubs. Additional basement storage in 2nd basement with outside access - plenty of space to store bikes, canoes, etc. There is also storage room under the deck. Easy drive from Boston or NY area for a second home to enjoy many beaches and venues close by (The Kate, The Garde, Eugene O'Neill Theater, Goodspeed Opera House, Ivoryton Playhouse, Niantic Bay Playhouse). Niantic Bay has the Boardwalk, 1. 1 miles along the waters of Long Island Sound, from Cini Park to Hole-in-the Wall beach. Many attractions include Children's Museum, The Book Barn, McCook Point Park, Oswegatchie Hills Nature Preserve, Inn at Harbor Hill Marina, Summer Concerts in McCook Park and Beach. Great Neck Country Club is 5. 8 miles to get to golf and dining. See attached documents for a map to walk to Davis Beach and photos of the beautiful landscaping / flowers / lawn. East Lyme Resident status entitles you to Hole in the Wall Beach, McCook Beach, Cini Beach with the Boardwalk.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Upper | |
| Bedroom 2 | Upper | |
| Living Room | Fireplace | Main |
| Other | Ceiling Fan | Main |
| Primary Bedroom | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $640,000 | $640,000 | $640,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.577% | 5.986% |
| Monthly Tax Payment | $605 | $605 | $605 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,837 | $3,993 | $5,315 |
| Total Monthly Payment | $4,534 | $4,690 | $6,012 |
* 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.