Escape to tranquility in this charming year-round cottage overlooking Sunset Cove! This cozy retreat boasts a lush green lawn with steps that lead down to the water, providing easy access for swimming, kayaking, or simply dipping your toes in the refreshing water. The cottage exudes old-world charm, creating a cozy interior with 3 bedrooms and 1. 5 baths. The large Living Room picture window allows the sunrises to stream in and frames the expansive picturesque water view beyond. In 2014, a new poured concrete foundation was added providing high ceilings, ample storage with exterior and interior access. Also in 2014, a new denitrification septic system was installed. The cottage structure has expansion potential for the addition of a second floor, giving you the opportunity to create more living space. The property is not in the flood plain. This waterfront treasure is your gateway to unforgettable moments and lasting memories and will be in your family for generations to come!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | 23.0 x 19.0 | First | |
Bedroom 3 | 23.0 x 19.0 | First | |
Kitchen | 23.0 x 19.0 | First | |
Living Room | Fireplace(s): Wood Burning | 23.0 x 19.0 | First |
Master Bedroom | 23.0 x 19.0 | First |
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Our Executive Mortgage Banker:
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$879,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $703,200 | $703,200 | $703,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $580 | $580 | $580 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,993 | $4,387 | $5,887 |
Total Monthly Payment | $4,665 | $5,059 | $6,559 |
* 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.