Presented byThe Bill Heenan Team |
Live, or demolish & build here at 125 Shore Rd! This parcel, which is a total of 4 acres combined sits at the most photographed location for sunsets in town! Wide open views of LI sound, both Old Saybrook Lighthouses, and impressive optics over the marsh and Black Hall River! Currently, a 1, 476 sq/ft Farmhouse Colonial home sits here. Enjoy this home as it stands with its updated interior including the maple shaker kitchen cabinets, granite countertops, SS appliances, and views from almost every room. THE MAIN ATTRACTION here is the potential to demolish & build the proposed home which is rendered that has the same style as the one two doors down (pictured. ) Take note of the aerial photos that have been edited to visualize the opportunity. Take a look at those renderings too! Currently working on approvals, so now is a great time to get involved and claim your spot! Special model-home viewing option available! Proposed home will be approx. 3, 000 sq/ft. Additional building options available, or perhaps you have your own plans; bring em'! They don't make land anymore, especially a spot like this! Stop getting a glimpse from only your car - it's time to enjoy the view from your couch, kitchen, shower or pool! *Please note that the aerial photos HAVE been edited, and the existing new White house pictured IS NOT the one for sale.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Hardwood Floor | 20X10 | Upper |
Den | Ceiling Fan,Tile Floor | 13X12 | Main |
Dining Room | Ceiling Fan,Hardwood Floor | 12X12 | Main |
Kitchen | Granite Counters,Dining Area,Hardwood Floor | 23X14 | Main |
Living Room | Fireplace,Hardwood Floor | 23X14 | Main |
Office | 11X11 | Main | |
Primary Bedroom | Ceiling Fan,Hardwood Floor | 17X12 | Main |
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William Raveis Mortgage, LLC
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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 | $799,920 | $799,920 | $799,920 |
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 | $491 | $491 | $491 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,925 | $5,255 | $7,079 |
Total Monthly Payment | $5,508 | $5,838 | $7,662 |
* 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.