Originally built in the late 1800s as a fishing camp, this secluded lakefront cottage (Rock Haven) on the North Shore of pristine Caspian Lake has been in the same family since the 1920s. The cottage is nestled on a private shoreline among spectacular granite outcroppings, perfect for climbing or jumping in the lake. A shallow swimming cove next to the rocks includes a newly added, custom designed dock and boat launch surrounded by lush greenery. Sitting on the large wraparound porch just 10' from the water feels as if you're on the deck of a ship. Watch the merganser family make its way along the shoreline, look out on the loons as they dive for dinner, and listen for their eerie night-time calls across the water. It is porch life at its finest. Livingroom and modern kitchen are open concept which allows you to see the lake from both areas. One downstairs bedroom , and 3 upstairs bedrooms . Newly updated bathroom is in a separate little building (once was the icehouse) right next to the master bedroom with lighted covered walkway. Renovated kitchen. The living room and downstairs bedroom are insulated. Living room has electric baseboard heater. A studio building is also on the property with a beautiful stone fireplace and hardwood floor. This building is 16 x 26, uses are only limited by your imagination, art, yoga, writers' studio, family gathering place or room for guests. Some furnishings included. Move in ready Showings to begin Monday July 15.
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William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
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 | $1,103 | $1,103 | $1,103 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,368 | $4,739 | $6,425 |
Total Monthly Payment | $5,563 | $5,934 | $7,620 |
* 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.