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Nestled along the serene shores of North Cove, this exceptional 2, 300+ square foot detached shingle-style condo perfectly blends coastal elegance with unmatched privacy. Opportunities like this are rare, as high-end, detached units in this coveted waterfront location seldom become available on the market. The interior showcases a sophisticated open layout featuring a custom chef's kitchen, hardwood flooring, a formal dining area, and a light-filled living room anchored by a warm gas fireplace and rich hardwood flooring. Designed for ultimate comfort, the home boasts two spacious primary bedroom suites and a convenient half-bath, complemented by a dedicated office nook and a large, flex room upstairs. Practicality meets luxury with a separate laundry and mudroom located just off the attached two-car garage. Outside, a private mahogany deck offers a front-row seat to breathtaking water views, The lifestyle here is further enhanced by community amenities, including an inviting inground pool and a charming pool house for summer relaxation. Ideally situated for those who love the shoreline, this retreat is located less than one mile from the vibrant shops and restaurants of Main Street Old Saybrook and the iconic Saybrook Point.
| Type | Description | Level |
|---|---|---|
| Dining Room | Hardwood Floor | Main |
| Half Bath | Main | |
| Kitchen | Granite Counters,Island,Hardwood Floor | Main |
| Living Room | Fireplace,French Doors,Hardwood Floor | Main |
| Office | Hardwood Floor | Upper |
| Other | Hardwood Floor | Upper |
| Primary Bedroom | Full Bath,Walk-In Closet,Hardwood Floor | Main |
| Primary Bedroom | Full Bath,Walk-In Closet,Hardwood Floor | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $832 | $832 | $832 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,824 | $6,319 | $8,706 |
| Total Monthly Payment | $6,781 | $7,276 | $9,663 |
* 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.