Take advantage of this exceptional opportunity to make this recently built coastal colonial your forever beach home in beautiful Groton Long Point. Sited on one of the largest GLP lots (8, 750 sq. ft. ), this turnkey 3-bedroom, 2. 5-bathroom home has an open floor plan with a large dining/living room entertaining space, perfect for hosting your friends and family. The bright and open kitchen features custom solid wood cabinetry and luxury appliances (including a 48" dual fuel range, dual convection ovens, 64" built-in Frigidaire-pro refrigerator & freezer, and microwave drawer). The attached pantry & laundry room make prepping and cleaning up a breeze! The dining room leads out to the spacious outdoor living/dining room, perfect for summer evenings and autumn afternoons. The large living and music room features a wood-burning masonry fireplace, built-in surround sound speakers, and a separate games area. The upper floor boasts three comfortable bedrooms, including a primary bedroom with an ensuite bathroom. The lower level has a climate-controlled two-car garage & workshop. There is ample storage throughout all three levels of the home. A separate/detached 320 sq. foot barn is designed to meet any gardener's needs. The mechanicals are state of the art. In addition to the 2-zone American Standard heating and cooling system, there is a FanTech continuous fresh air exchange system, a Triton Airbear air filtration system, and an Aprilaire humidification system. This solidly built home sits out of the flood zones and is built to withstand anything Mother Nature can throw at it. Its 20 KW Cummins whole-house generator with an automatic transfer switch ensures that you will never be without power and comfort. This property is a magnificent opportunity for a discerning buyer to take advantage of the unique combination of living at the beach while being high & dry and having a timeless classic while enjoying new and worry-free construction. Take advantage and schedule your appointment to see this fantastic property today!
Type | Description | Level |
---|---|---|
Bedroom 1 | Wall/Wall Carpet | Upper |
Bedroom 2 | Wall/Wall Carpet | Upper |
Dining Room | 9 ft+ Ceilings,Combination Liv/Din Rm,Hardwood Floor | Main |
Full Bath | Quartz Counters,Tub w/Shower | Upper |
Half Bath | Main | |
Kitchen | Built-Ins,Granite Counters,Island,Pantry,Patio/Terrace,Hardwood Floor | Main |
Living Room | 9 ft+ Ceilings,Combination Liv/Din Rm,Fireplace,Hardwood Floor | Main |
Office | 9 ft+ Ceilings,Hardwood Floor | Main |
Primary Bath | Quartz Counters | Upper |
Primary Bedroom | Vaulted Ceiling,Wall/Wall Carpet | Upper |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,279,200 | $1,279,200 | $1,279,200 |
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 | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,554 | $1,554 | $1,554 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,163 | $7,773 | $10,537 |
Total Monthly Payment | $8,842 | $9,452 | $12,216 |
* 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.