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Tucked away on a quiet lane, this delightful Cape offers a blend of character, flexibility, and coastal lifestyle. Just a short walk to scenic Hundred Acre Cove which is known for its peaceful shoreline and beautiful sunset views. The thoughtfully updated interior features a cozy one-bedroom layout with a loft space, a comfortable living room with fireplace, a bright kitchen, and a renovated bath. Beyond the main house, a detached cottage adds incredible versatility. The cottage is currently used as a guest retreat and sitting room with exercise space. It is equally perfect for a home office, artist studio, or private getaway space. Outside, the large, fully fenced backyard provides a peaceful and private setting, perfect for relaxing, entertaining, or simply enjoying the natural surroundings. With a low maintenance footprint, this property offers a flexible option for year-round living or a coastal escape, with an easy approach to simplified living, downsizing, or entry into homeownership in Barrington.
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$389,000
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 | $311,200 | $311,200 | $311,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $422 | $422 | $422 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,864 | $1,941 | $2,563 |
| Total Monthly Payment | $2,361 | $2,438 | $3,060 |
* 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.