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Your move-in-ready dream home in the heart of Gales Ferry. Perfectly situated on a quiet cul-de-sac, this beautifully maintained ranch-style home offers the ideal blend of comfort, modern updates, and convenience. The bright and airy open floor plan is complemented by gleaming hardwood floors throughout, with durable tile flooring in the kitchen and bathrooms. Stay cool year-round with the efficient mini-split central air system. You will also find an excellent opportunity to expand your living space with 400 square feet of previously finished basement area, complete with heat and ready for your finishing touches. The heart of the home is the updated kitchen, featuring stylish granite countertops and stainless steel appliances, making it a true centrepiece for both cooking and entertaining. Every detail has been attended to, including updated bathrooms that offer a fresh, contemporary feel. The outdoor space is just as impressive as the interior. Step out into your fully fenced-in backyard, a private sanctuary ready for relaxation or play. The exterior features a fantastic double deck-the perfect spot for summer barbecues and evening gatherings. Additionally, the property includes a large, newly built shed equipped with power, providing the perfect space for a workshop, hobby area, or extra storage. Peace of mind comes standard with this property, thanks to the recent upgrades, including a whole house generator, a new tankless water heater, new exterior doors, and a brand-new Roth double-walled oil tank. This home's location is unbeatable. You are just a short drive from the scenic Connecticut shoreline and the historic charm of Mystic. Whether you are commuting for work or heading out for entertainment, you are conveniently located just minutes from Electric Boat, Pfizer, and major local casinos. Don't miss this opportunity to own a turnkey home in a fantastic neighbourhood.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Ceiling Fan,Hardwood Floor | Main |
| Eat-In Kitchen | Granite Counters,Dining Area,Sliders,Tile Floor | Main |
| Living Room | Bay/Bow Window,Ceiling Fan,Hardwood Floor | Main |
| Primary Bedroom | Ceiling Fan,Half Bath,Hardwood Floor | 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 | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.650% | 5.866% |
| Monthly Tax Payment | $408 | $408 | $408 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,701 | $1,770 | $2,306 |
| Total Monthly Payment | $2,184 | $2,253 | $2,789 |
* 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.