Beautiful fully renovated L-shaped 3 bedroom ranch set in the Fenwood Beach Community. This home features an open floorpan, and is located on a quaint private cul-de-sac. Rare dock access into a marsh waterway that meanders thru the marsh into Saybrook's South Cove via kayak or small boat. Current owners completed renovations in 2015, including a custom kitchen with granite countertops, a living/dining room with a dual sided gas fireplace, a large combination family/mud room containing laundry/utility room. Home boasts central air, tankless water heater, 200 amp electrical, propane fired furnace with attic location, all new doors and windows with custom wood blinds, tiled and hardwood floors, custom built-in bookcase, crown moldings and more. All utilities are located on the first floor. Plug in portable generator ready. This forever home is one block to Fenwood's private beach; and a short golf cart ride to Fenwick golf. Enjoy quiet, peaceful and serene living at the beach. Relax and entertain on the large 1200+ sq ft private bluestone/brick patio offering spectacular evening sunsets. All 3 bedrooms feature direct sliding-door access to the patio. Other features include a private outdoor shower, fenced in dog area, a finished walk-out basement for an extra 1000+ finished bonus area, an outdoor storage/garage area below patio, and shed. You won't believe the quality, location and openness of this property until you see it. The home also has a portable generator and hookup.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Sliders,Hardwood Floor | 9.0 x 16.0 | Main |
Bedroom 2 | Sliders,Hardwood Floor | 8.0 x 12.0 | Main |
Family Room | Tile Floor | 21.0 x 23.0 | Main |
Kitchen | Skylight,Breakfast Bar,Granite Counters,Gas Log Fireplace,Galley,Tile Floor | 12.0 x 25.0 | Main |
Living Room | Book Shelves,Built-Ins,Combination Liv/Din Rm,Gas Log Fireplace | 12.0 x 26.0 | Main |
Primary Bedroom | Full Bath,Sliders,Hardwood Floor | 15.0 x 16.0 | Main |
Rec/Play Room | Half Bath,Laminate Floor | 22.0 x 45.0 | Lower |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $699,920 | $699,920 | $699,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $722 | $722 | $722 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,919 | $4,310 | $5,812 |
Total Monthly Payment | $4,733 | $5,124 | $6,626 |
* 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.