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Affordable Coastal lifestyle in a sought after 55+ community with private beach rights awaits, just in time for summer fun! This 2 BR, 1 1/2 bath home sits in a great location for a short walk to Grove Beach, or maybe you just want to sit on the porch and soak up the salt air. The layout is ideal with 2 good size bedrooms, one at each end of home and one with a 1/2 bath. There is also a shed for extra storage, the home has 2 Mitsubishi split units for heating and cooling. The location is close to Clinton and minutes away from the Westbrook town beach. Old Saybrook is a short drive and you are surrounded by many great restaurants and shopping choices. Land lease includes garbage pick up, water, septic, clubhouse and private beach rights. Come take a look and see how a coastal lifestyle may be your next chapter! Fireplace does not convey. All buyers must apply for Sun Community approval. There is an updated full bath and that photo is coming soon.
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Kitchen | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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William Raveis Real Estate
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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 | $147,600 | $147,600 | $147,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $76 | $76 | $76 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $897 | $932 | $1,226 |
| Total Monthly Payment | $1,048 | $1,083 | $1,377 |
* 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.