Presented byPaul Lussier |
Don’t miss out on the opportunity to own this exceptional Groton Long Point Waterfront Home! This 2580 square foot fabulous waterfront home has 4 bedrooms and 4 baths. The deep water dock offers room for a 32’ boat plus two jet ski ramps or a couple of smaller boats. House has recently been lifted to meet FEMA specifications and has completely been rebuilt to meet coastal area wind codes. Enjoy the GLP Main Beach just a few steps away. Property offers spectacular water views of Long Island Sound and the Venetian Harbor. House to be completed and ready for occupancy for the summer of 2024. Don’t wait as there is still time to add your personal touch on some finish choices. GLP offers many amenities including numerous beaches, docks, boating, sailing, tennis, paddleball, baseball, basketball courts and a golf chip and putt. Activities available for everyone of all ages. Stop by the GLP summer restaurant / provisions store for dinner and/or ice cream. Explore the plentiful restaurants in downtown Mystic just a couple of miles away. Property is located in a convenient location, halfway between New York & Boston with nearby public transportation and close proximity to I-95. Don’t miss out on this amazing opportunity to live in this beautiful waterfront home in a one-of-a-kind community. There’s no place like GLP!
Type | Description | Level |
---|---|---|
Bedroom 1 | Main | |
Bedroom 2 | Full Bath | Upper |
Bedroom 3 | Full Bath | Upper |
Dining Room | Main | |
Full Bath | Main | |
Kitchen | Main | |
Living Room | Main | |
Primary BR Suite | Full Bath,Walk-In Closet | Upper |
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Sales Associate
William Raveis Real Estate
Phone: 860.608.5290
Paul.Lussier@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.585.3916
Bobby.Kazarian@raveis.com
NMLS Mortgage Loan Originator ID 1875225
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.014% | 6.915% |
Monthly Tax Payment | $1,074 | $1,074 | $1,074 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,290 | $13,112 | $17,663 |
Total Monthly Payment | $13,489 | $14,311 | $18,862 |
* 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.