Welcome to East Lyme's Premier 55+ New Construction Community! Experience the perfect blend of comfort and convenience in this thoughtfully designed condominium. Offering 1, 210 sq. ft. of well-planned living space, this home features 2 spacious bedrooms and 1. 5 baths. The open-concept main floor is bright and inviting, with a kitchen/living room combination that enjoys abundant natural light. The stylish kitchen boasts white shaker cabinets, a subway tile backsplash, quartz countertops, and a large center island, with an adjacent laundry area for added convenience. Step outside to your private patio, a peaceful spot for outdoor relaxation and enjoying the beauty of your surroundings. Upstairs, you'll find two generously sized bedrooms and a full bath with a modern walk-in shower. Enjoy worry-free living with zero maintenance and professional property management. A private garage, conveniently located adjacent to your unit, is included. Ideally located in the heart of Flanders Four Corners, this community is just steps away from dining, shopping, and essential services, with Niantic's stunning beaches, marinas, and vibrant attractions only 4 miles away. Ready for your next chapter? This community offers the perfect next step! New buyers will receive a one-year East Lyme Aquatics and Fitness Center membership.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Wall/Wall Carpet | 12.7 x 15.4 | Upper |
Half Bath | Main | ||
Kitchen | 9 ft+ Ceilings,Quartz Counters,Island,Vinyl Floor | 10.5 x 19.0 | Main |
Living Room | 9 ft+ Ceilings,Combination Liv/Din Rm,Vinyl Floor | 12.0 x 15.4 | Main |
Primary Bedroom | Wall/Wall Carpet | 10.1 x 16.7 | Upper |
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William Raveis Real Estate
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Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $307,200 | $307,200 | $307,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,044 | $2,042 | $2,591 |
Total Monthly Payment | $2,119 | $2,117 | $2,666 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.