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Located in the desirable Pawcatuck section of Stonington, 26 Field Street offers a rare blend of space, flexibility, and future potential. This well-sized 4-bedroom, 2-bath home spans 1, 883 square feet and includes a promising . 28 acre BUILDING LOT- Fellows St Stonington CT 06378 New London 09011-making it an ideal opportunity for both homeowners and investors alike. Inside, the home features a functional layout with generous living space, providing room to grow, entertain, or customize to your vision. The property's lot size aligns with current zoning requirements for potential subdivision, offering the unique opportunity to build an additional home or explore development options. Buyers are encouraged to perform their own verification using a land use attorney and surveyor. Conveniently located near the Westerly, RI border, this home provides easy access to local beaches, shops, dining, and major routes-while still maintaining a quiet residential feel. Whether you're looking for a primary residence with upside, an investment opportunity, or future development potential, 26 Field Street delivers versatility in a sought-after location!
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Bedroom 2 | Main |
| Bedroom 3 | Upper |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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William Raveis Real Estate
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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 |
|
|---|---|---|---|
| Loan Amount | $383,200 | $383,200 | $383,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $457 | $457 | $457 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,206 | $2,454 | $3,182 |
| Total Monthly Payment | $2,738 | $2,986 | $3,714 |
* 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.