Views of Quiambaug Cove from this charming Country Colonial with detached Studio. Nestled on a large, level 1. 68 acre lot high and dry. Main house is a unique Country Colonial style home with attached 1 Bedroom in-law/guest arrangement on the ground level. Main house is 2, 200 ft Plus detached light filled Studio/Workshop/Yoga Studio/Office and 2 stall garage. The Detached Building can be used for an "IN-HOME" occupation. 2 Zone Oil fired heat in the main house. This property offers 251 feet of road frontage on Cove Road in the RA-40 Zone. Private fenced rear yard with patio and teak deck. Sits back off Cove Road affording privacy. Wood Stove in living room. Large entry at ground level with main living area on upper level. Mudroom at rear off kitchen to back yard. Outdoor patio for al fresco dining. Bring your imagination and make this your own. Property is centrally located between Stonington Borough and Historic Downtown Mystic. Close to public water access, Rhode Island beaches, community events, fine dining, deep water marinas, unique shops, Amtrak Station, farmer's markets, hiking trails and medical facilities. Centrally located along the shoreline between Boston and New York City. This is a premier location year round!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Vinyl Floor | 9.0 x 13.0 | Main |
Bedroom 2 | Vinyl Floor | 10.0 x 10.0 | Main |
Bedroom 3 | Hardwood Floor | 10.0 x 10.0 | Main |
Dining Room | Built-Ins,Tile Floor | 9.0 x 11.0 | Main |
Eat-In Kitchen | Granite Counters,Eating Space,Engineered Wood Floor | 9.0 x 13.0 | Upper |
Eat-In Kitchen | Breakfast Bar,Vinyl Floor | 9.0 x 21.0 | Main |
Family Room | Vinyl Floor | 20.0 x 16.0 | Main |
Full Bath | Tub w/Shower,Engineered Wood Floor | 6.0 x 10.0 | Upper |
Full Bath | Tub w/Shower,Vinyl Floor | 9.0 x 7.0 | Main |
Full Bath | Tub w/Shower,Tile Floor | 9.0 x 7.0 | Main |
Living Room | Wood Stove,Hardwood Floor | 10.0 x 13.0 | Upper |
Other | Studio | 22.0 x 28.0 | Other |
Other | Studio | 22.0 x 28.0 | Other |
Primary Bedroom | Walk-In Closet,Hardwood Floor | 13.0 x 15.0 | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,920 | $719,920 | $719,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $622 | $622 | $622 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,031 | $4,374 | $5,930 |
Total Monthly Payment | $4,745 | $5,088 | $6,644 |
* 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.