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Welcome to Chapman Woods in Niantic! This single-family property is in an adult community. There are many features which greatly enhance the desirability of this home. Such as three generously sized bedrooms plus office/den, one car garage and full unfinished basement with access via garage and interior of the home. beautiful hardwood flooring, neutrally painted interior, white cabinetry in kitchen and storage space galore. The spacious main floor living area consists of a cheery light filled eat-in kitchen, dining area open to living room, 4 season sunroom, and laundry. The primary bedroom has two large closets and a full bath. The main level carpeted office/den is a quiet oasis for reading or computer time. Enjoy the privately situated sunroom. The second level accommodates a second full bath and two large bedrooms with ample closet space. Well sized one car garage is ideal for work area and keeping your vehicle clean and dry during inclement winter. Large unfinished basement for extra storage. For your convenience, HOA meticulously maintains the servicing of heating systems, water heater, AC, exterior of the home, maintaining roads/walkways and driveways, as well as year-round landscaping. Chapman Woods is conveniently located near shopping, RTE 95 and RT395
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Wall/Wall Carpet | Upper | |
| Bedroom 2 | Wall/Wall Carpet | Upper | |
| Den | 11.0 x 14.0 | Main | |
| Dining Room | Combination Liv/Din Rm,Hardwood Floor | Main | |
| Kitchen | Eating Space,Tile Floor | Main | |
| Living Room | Combination Liv/Din Rm,Hardwood Floor | Main | |
| Primary Bedroom | Full Bath | 13.0 x 14.0 | Main |
| Sun Room | Main |
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William Raveis Real Estate
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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 |
|
|---|---|---|---|
| Loan Amount | $433,600 | $433,600 | $433,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $556 | $556 | $556 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,597 | $2,705 | $3,541 |
| Total Monthly Payment | $3,245 | $3,353 | $4,189 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.