WATERFRONT - Enjoy beautiful views and activities on Lake Chaffee year round! A charming 1956 waterfront cottage nestled on the tranquil shores of Lake Chaffee. This home is the embodiment of vintage charm intertwined with modern comforts. Set on an oversized lot with carport, the exterior of the cottage features a delightful firepit deck, perfect for entertaining guests or simply soaking up the serene lake views, a private beach and dock. Enjoy a variety of water activities right from your backyard, or simply bask in the breathtaking views year-round from the comfort of the deck. Step inside to discover 2-3 bedrooms, updated kitchen, livng room and dining room, including a versatile lower level room that can be utilized as an additional bedroom or home office. This area also features a convenient walk-out to the lakefront, further enhancing the indoor/outdoor living experience. Also in the lower level there is pellet stove and a green house. Schedule a viewing and take in what this one-of-a-kind property has.
Type | Description | Level |
---|---|---|
Bedroom 1 | Hardwood Floor | Main |
Dining Room | Ceiling Fan,Hardwood Floor | Main |
Full Bath | Full Bath,Tub w/Shower,Tile Floor | Main |
Kitchen | Remodeled,Breakfast Bar,Granite Counters,Tile Floor | Main |
Living Room | Balcony/Deck,Built-Ins,Fireplace,Sliders,Hardwood Floor | Main |
Other | Wall/Wall Carpet | Lower |
Primary Bedroom | Balcony/Deck,Sliders,Hardwood Floor | Main |
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William Raveis Mortgage, LLC
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 | $343,920 | $343,920 | $343,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $427 | $427 | $427 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,346 | $2,286 | $2,925 |
Total Monthly Payment | $2,847 | $2,787 | $3,426 |
* 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.