Nestled between New York and Boston, Masons Island provides an unparalleled island lifestyle in the heart of Mystic Country. Only 9 home sitesare available, each set on over an acre of land within 17 acres of pristine natural beauty, with 5 acres dedicated to open space. Designed to yourexact specifications, these homes feature first-floor primary bedroom suites, dynamic home offices, private guest wings, sun-soaked kitchens, resort-style pools, outdoor entertainment areas, and other personal touches. The recommended builder, Tier 1, a Prominent DevelopmentCompany, brings exceptional quality to the Mason Estates, though buyers may select their own architect. Renderings are provided by NewEngland Design Architectural Firm in Mansfield, CT. As part of the Mason Homestead Homeowners Association, residents enjoy private roads, snow removal, trash collection, and easy access to boating, hiking, paddling, biking, fishing, and more. Additionally, a proposal for membershipat the Masons Island Yacht Club has been granted but is not guaranteed. Located near deep-water marinas, Historic Downtown Mystic, andStonington Borough, Kingfisher Way provides the perfect blend of luxury and convenience. Reserve your lot today and live the dream in beautifulMystic, CT! Pricing is subject to specific design and lot selection.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$2,777,754
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 | $2,222,203 | $2,222,203 | $2,222,203 |
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 | 6.987% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,444 | $13,502 | $18,305 |
Total Monthly Payment | $12,569 | $13,627 | $18,430 |
* 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.