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Spectacular waterfront apartment located on Little Narragansett Bay in the heart of the Stonington Borough. History rich Sea Village has just 14 residences. Designed in partnership with a local interior designer. On site storage room and laundry facility with an app-based payment system. Multiple outdoor entertaining spaces including 2 firepit areas with Adirondack Chairs and an upper deck lounge. Community gas grill. Private dock and kayak rack make for easy access to launch kayaks or paddleboards. Off street parking. Brand new, 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 Amtrak access. Located in the historic Stonington Borough, Sea Village provides residents with the exclusive opportunity to live on the ocean in the heart of our quintessential coastal village. Residents wake up every morning to a sunrise over Little Narragansett Bay. With a private dock right in the backyard, residents can walk out their door and boat just minutes to nearby Sandy Point beach, Watch Hill or Mystic. Nights at Sea Village are spent looking out over the ocean by the outdoor fire pits or walking just a few hundred yards into the Stonington Borough for a delicious meal at one of the many local restaurants. With just 14 residences, Sea Village is a small, welcoming community with first class amenities and all the charm expected of a coastal New England home.
| Type | Level |
|---|---|
| Full Bath | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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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 |
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|---|---|---|---|
| Loan Amount | $2,006 | $2,006 | $2,006 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $11 | $12 | $16 |
| Total Monthly Payment | $86 | $87 | $91 |
* 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.