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New to the market. . . you have been waiting for this location near Kavanagh (Trask) Park!! Charming Cape Cod next to one of Old Saybrook's wonderful town parks- walk or bike to town, library, schools, Main St. shops/restaurants, Harvey and Town beaches!! Step into this two-story home offering it's new owners a cherry and bright living room which was featured in "Shore Homes" and "Coastal Homes" with hardwood floors and beautiful fireplace; the dining room is just off the sunny, open kitchen with lots of cabinetry leading to an amazing breezeway that you will want to spend warm weather days and evenings here with a good book or cool drink; this breezeway connects the main house to the garage. Also on the main floor is an updated half bath along with a smaller bedroom or den with closet. The second floor offers three additional bedrooms plus an updated full bath with 5' shower! The basement is currently unfinished but waiting for the next owners to create a wonderful space -- no water worries here ----there is a Budget Dry waterproofing basement system in place including a brand new dehumidifier system along with a battery backup sump pump, perimeter drainage. This lovely home located in a much desired area all on a level lot with matured plantings, has been meticulously maintained over the years. Don't miss this great opportunity you have been waiting for!
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Hardwood Floor | Main |
| Bedroom 2 | Hardwood Floor | Upper |
| Bedroom 3 | Hardwood Floor | Upper |
| Dining Room | Main | |
| Kitchen | Tile Floor | Main |
| Living Room | Fireplace,Hardwood Floor | Main |
| Primary Bedroom | Hardwood Floor | Upper |
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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 | $527,920 | $527,920 | $527,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $438 | $438 | $438 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,165 | $3,294 | $4,349 |
| Total Monthly Payment | $3,695 | $3,824 | $4,879 |
* 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.