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Welcome to 9 Corsino Avenue, nestled in the highly sought-after Miami Beach Association in Old Lyme outside the flood zone. Yes, you read that right: a beach house without thousands of dollars in yearly flood insurance-a rare opportunity to own the perfect shoreline retreat. This property has been meticulously maintained and has new windows, siding and roof. All the big potential expenses out of the way. This charming cottage also offers year-round living. From moment you step into the adorable remodeled front porch that offers a sitting area for that morning coffee and a dining area to enjoy your meals whatever. With almost 900 square feet of beautifully updated living space, the home features 2 bedrooms, including the oversized main bedroom with a large closet and a full bathroom. The home has a spacious family room directly off the fully remodeled kitchen with a center island. The kitchen is thoughtfully designed with updated custom cabinetry, blending coastal charm with modern convenience. Having a 2nd full bath, laundry area and whole house attic fan is a plus. Step through the back porch a private backyard oasis, complete with a patio, lush lawn and an outdoor shower for rinsing off the salt and sand. The backyard lends itself perfectly to entertaining, relaxing with a cold drink, or enjoying meals fresh off the grill. A storage shed provides ample space for all your beach gear, bikes, and seasonal essentials. Yearly special tax district of $647. 00
| Type | Dimensions | Level |
|---|---|---|
| Bedroom 1 | 9.0 x 11.0 | Main |
| Eat-In Kitchen | 13.0 x 14.0 | Main |
| Living Room | 14.0 x 11.0 | Main |
| Primary Bedroom | 12.0 x 15.0 | Main |
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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 | $472,000 | $472,000 | $472,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $456 | $456 | $456 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,830 | $2,945 | $3,920 |
| Total Monthly Payment | $3,378 | $3,493 | $4,468 |
* 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.