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18 Maxson Street | West Mystic, Groton, CT AS-IS SALE A rare opportunity in the heart of West Mystic - steps from the Mystic River, marinas, and the iconic Mystic Shipyard. This c. 1910 Victorian-style home sits on an oversized 0. 365-acre corner lot (15, 899 SF) and has been fully gutted to the studs, offering a true blank canvas for a discerning renovator or developer. The 1, 746 SF, 4-bed/2-bath frame sits across three levels including a full basement with original brick foundation columns. Charming period details survive throughout. Original hardwood floors are intact and restorable. Framing, foundation, and structural elements are exposed and accessible for efficient finish work. Zoned RS-12 in the Mystic district of Groton. The generous lot offers potential for accessory structures. Note: property falls within FEMA Flood Zone AE. Whether you're envisioning a primary waterfront retreat or a high-value investment property, 18 Maxson Street delivers the location, character, and scale that rarely come together in coastal Connecticut. AS-IS SALE
| Type | Dimensions | Level |
|---|---|---|
| Bedroom 1 | Upper | |
| Bedroom 2 | Upper | |
| Bedroom 3 | Upper | |
| Dining Room | 14.8 x 14.4 | Main |
| Kitchen | 14.8 x 12.4 | Main |
| Living Room | 12.3 x 13.4 | Main |
| Primary Bedroom | Main |
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William Raveis Mortgage, LLC
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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 |
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|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.419% | 5.668% |
| Monthly Tax Payment | $665 | $665 | $665 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,035 | $3,202 | $4,214 |
| Total Monthly Payment | $3,792 | $3,959 | $4,971 |
* 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.