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Welcome to this well-maintained rambler ranch offering comfortable one-level living in beautiful Old Saybrook. This home features 3 spacious bedrooms and 1. 5 bathrooms with central air, perfect for everyday living or hosting guests. Inside, you'll find beautiful hardwood floors that add warmth and character throughout much of the home. The layout includes a dedicated laundry room for added convenience and a bright, functional living space ideal for relaxing or entertaining. Step outside to enjoy a fenced-in, level backyard-perfect for pets, play, gardening, or outdoor gatherings. Located in the charming shoreline community of Old Saybrook, this home offers a wonderful opportunity to enjoy coastal Connecticut living while still being close to local shops, dining, beaches, and major routes. Don't miss the chance to make this inviting property your next home! A few "virtually staged" photos for ideas - small updates and big returns on your investment. Here's your second chance to own this charming shoreline home at an incredible value. With a motivated seller and a recent price reduction, this opportunity won't last. Enjoy close proximity to the water, marina, and beaches, all while benefiting from no flood insurance requirement. Whether you're downsizing or buying your first home, this inviting property offers the perfect blend of comfort, location, and affordability in a quaint coastal community. Act quickly - opportunities like this don't come around! Seller will credit Buyer $5, 000. 00 towards closing costs. Here's your second chance to own this charming home at an incredible value! No flood insurance required! Live just moments from the water, with easy access to the marina and nearby beaches - perfect for enjoying endless days along the shoreline. Whether you're downsizing or stepping into homeownership for the first time, this charming home offers an incredible opportunity in a wonderfully quaint and welcoming community. Enjoy coastal living with convenience, comfort, and value all in one place. Don't miss your chance to make this shoreline gem your own!
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Bedroom 2 | Main |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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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 | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $323 | $323 | $323 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,957 | $2,177 | $2,823 |
| Total Monthly Payment | $2,355 | $2,575 | $3,221 |
* 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.