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Presented by
Lisa Briscoe |
Escape to the Connecticut shoreline with this beautifully maintained seasonal cottage in Dud's Village in Madison-the perfect summer retreat just minutes from the beach. Located less than one mile from Hammonasset Beach State Park, Connecticut's largest shoreline park, this charming getaway offers effortless access to two miles of sandy beaches, scenic walking and biking trails, and endless summer activities. Residents of Dud's Village also enjoy a private path that leads directly to the beach, making spontaneous sunset walks and beach days part of everyday life. This fully furnished, move-in-ready cottage has been thoughtfully maintained and cared for, allowing you to start enjoying the season immediately. The cozy interior includes one bedroom with built-in storage, a nicely stocked kitchen, a sleeper sofa for additional guests, a remodeled bathroom with a fresh modern feel, and the added convenience of an in-unit washer and dryer. Step outside to your spacious wrap-around deck, designed for relaxed coastal living and easy entertaining. The outdoor space comes complete with a grill, tabletop firepit, and patio seating, creating the perfect setting for summer evenings, morning coffee, or gathering with friends after a day at the beach. Dud's Village is a seasonal shoreline community open from April 1 through October 31, known for its well-kept cottages, welcoming atmosphere, and low-maintenance lifestyle. Just minutes away, downtown Madison offers charming shops, restaurants, and local attractions. For those seeking entertainment beyond the shore, Mohegan Sun Casino is only 35 miles away. The property is located on a land lease with an annual lease of $5, 400, and yearly taxes are $2, 044. With the land lease structure, a cash purchase is required. Buyers must be approved by the landowner, and rentals are not permitted per community rules. Whether you're looking for a peaceful beachside retreat, a summer gathering place for family and friends, or a simple way to enjoy life along the Connecticut shoreline, this well-maintained cottage offers the perfect seasonal escape.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Eat-In Kitchen | Vinyl Floor | 8.0 x 17.0 | Main |
| Living Room | Skylight,Vaulted Ceiling,Sliders,Vinyl Floor | 10.0 x 16.5 | Main |
| Primary Bedroom | Vaulted Ceiling,Vinyl Floor | 10.0 x 7.5 | Main |
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$154,000
REALTOR
William Raveis Real Estate
Phone: 203.482.1467
Lisa.Briscoe@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
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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 | $123,200 | $123,200 | $123,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $170 | $170 | $170 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $759 | $778 | $1,023 |
| Total Monthly Payment | $1,004 | $1,023 | $1,268 |
* 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.