*** Best and Final offers by noon Sunday 11/17. Thank you!*** Alright, let's be real for a second: Is 287 Mistuxet Ave the house I'd move my wife's 92-year-old grandmother into? Not a chance. Would I throw a black-tie gala for the Stonington Education Foundation here? Heck no. Invite former Secretary of Homeland Security Janet Napolitano over for a quick cup of Earl Grey? Well. . . maybe. The woods are pretty spectacular, so she might enjoy the scenery! But here's the real deal-this house has been an amazing home. It's been our base camp for everything from beach trips to unbelievable kayak adventures and even weekend getaways to the rest of New England. Mystic is right around the corner, and trust me, this spot is where memories are made. Let's talk about the bones: this place is solid. It's had some excellent updates, like brand new windows (so don't even think about replacing them, buster!), a 2023 minisplit system that keeps you cool in the summer and toasty in the winter, and hardwood floors that have stood the test of time. Now, could you throw in a few more updates? Absolutely! Maybe some new countertops? Or hey, keep the current ones-they've got charm! Refinish the floors? Sure, if that's your thing. Or just kick back and enjoy the magnificent oak throughout the house as-is. This house is awesome enough to move into today-or you can sprinkle in your own upgrades over time. It sits on . 8 acres of serene, wooded land, which means plenty of privacy and even a trai that leads to the Denison Pequotsepos Nature Center. It's like your own little piece of heaven on the edge of beautiful Mystic. And if you're looking for an investment, it's been a successful short-term rental (Airbnb)-so whether you want a cozy home or a money-making property, this place has you covered. So, what's it going to be? Move in and enjoy, or make it your next big project? Either way, 287 Mistuxet Ave is a place you can make your own, and trust me, you'll smile every time you come home.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Ceiling Fan,Hardwood Floor | 12.0 x 10.0 | Main |
Bedroom 2 | Ceiling Fan,Hardwood Floor | 12.0 x 12.0 | Main |
Kitchen | Built-Ins,Dining Area | 13.0 x 18.0 | Main |
Living Room | Built-Ins,Fireplace,Hardwood Floor | 12.0 x 21.0 | Main |
Primary Bedroom | Ceiling Fan,Hardwood Floor | 13.0 x 15.0 | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $359,920 | $359,920 | $359,920 |
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 | $371 | $371 | $371 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,392 | $3,035 |
Total Monthly Payment | $2,841 | $2,838 | $3,481 |
* 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.