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Best Value Near Foxwoods & Mohegan Sun - Updated, Light-Filled Home. Welcome to 36 Route 2A in Preston-a bright, move-in ready home offering comfort, updates, and unbeatable convenience. This inviting 2-bedroom home features an airy interior with abundant windows and a warm, welcoming feel throughout. The updated kitchen offers a clean, refreshed look, perfect for everyday living. Recent exterior improvements-including a brand-new driveway and outdoor staircase-add curb appeal and long-term peace of mind. Ideally located just minutes from Foxwoods Resort Casino and Mohegan Sun, with easy access to Electric Boat, Naval Submarine Base New London, and both Backus Hospital and Lawrence + Memorial Hospital. A short drive brings you to the Rhode Island coastline, including Westerly and Misquamicut Beach. Whether you're searching for a primary residence or investment opportunity, this home delivers location, lifestyle, and value in one compelling package.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Upper | |
| Dining Room | Main | |
| Living Room | Ceiling Fan | Main |
| Primary Bedroom | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 |
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|---|---|---|---|
| Loan Amount | $271,920 | $271,920 | $271,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.500% | 5.691% |
| Monthly Tax Payment | $334 | $334 | $334 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,609 | $1,696 | $2,220 |
| Total Monthly Payment | $2,018 | $2,105 | $2,629 |
* 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.