Nestled in a peaceful 55+ community with ground maintenance included, this home offers both comfort and convenience. The living room features vaulted ceilings, wood floors, a gas fireplace, and an open layout flowing into the dining room. A bright sunroom with tiled floors leads to a back deck, complete with a retractable awning for shade and privacy. The kitchen includes a double sink, Bosch dishwasher, KitchenAid gas stove, refrigerator, pantry, and space for casual dining. The main-level primary bedroom offers a walk-in closet and a recently renovated primary bathroom with a double vanity and stand-up shower. An office, laundry room, and half bath are located off the garage for added convenience. Upstairs, two carpeted bedrooms share a full bath and are complemented by a cozy landing, perfect for a reading nook. The partially finished walkout basement provides additional space with a sliding glass door opening to the backyard. Designed for ease and peace of mind, the home also features a whole-house generator for uninterrupted power and a central vacuum system for added convenience. Ideally located near the charming village of Niantic, this home is just minutes from shoreline shops, restaurants, and local beaches. Enjoy scenic strolls along the Niantic Bay Boardwalk and easy access to Rocky Neck State Park and the town beach. This property offers an exceptional lifestyle in a picturesque coastal town. Highest and Best offer due 10/20/2024
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Wall/Wall Carpet | 15.0 x 11.5 | Upper |
Bedroom 2 | Wall/Wall Carpet | 11.9 x 11.5 | Upper |
Den | 11.0 x 11.5 | Main | |
Dining Room | Hardwood Floor | 13.0 x 12.0 | Main |
Kitchen | Eating Space,Tile Floor | 12.1 x 11.5 | Main |
Living Room | Cathedral Ceiling,Ceiling Fan,Gas Log Fireplace,Hardwood Floor | 21.5 x 17.5 | Main |
Primary Bedroom | Ceiling Fan,Full Bath,Walk-In Closet,Wall/Wall Carpet | 18.5 x 16.5 | Main |
Sun Room | Sliders | 12.0 x 11.5 | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $685 | $685 | $685 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,630 |
Total Monthly Payment | $4,370 | $4,366 | $5,407 |
* 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.