Experience coastal living in this newly constructed 3, 700 sq. ft. home on Mason's Island, Connecticut's largest island, accessible by a short causeway. Located on a quiet cul-de-sac, this contemporary home features 3 bedrooms, 3. 5 baths, and a large garage. The open floor plan with 10-foot ceilings and wide white oak floors fills the space with natural light. The kitchen boasts a center island with top-of-the-line Thermador appliances, and a gas fireplace adds warmth. The main level has a Primary suite with a full bath and walk-in closet, while upstairs includes two bedrooms, a full bath, and a versatile flex space. The walkout lower level provides an additional 1, 100 sq. ft. for future living space with a full bathroom. Situated on a . 72-acre lot with water views of Mystic Harbor, the expansive decking is perfect for entertaining. Conveniently located between historic Mystic and Stonington Borough, the home is near beaches, marinas, and restaurants. Masons Island Private Association offers beach and boating opportunities. Docking available for an additional fee. Owner can be proposed for membership to MIYC. Membership is NOT guaranteed. Docking available at Allyns Ally Dock.
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Full Bath | Upper | |
Kitchen | Built-Ins,Eating Space | Main |
Living Room | Balcony/Deck,Dining Area,Fireplace | Main |
Primary BR Suite | Bedroom Suite,Full Bath | Main |
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,980,000 | $1,980,000 | $1,980,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $444 | $444 | $444 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,087 | $12,191 | $16,442 |
Total Monthly Payment | $11,656 | $12,760 | $17,011 |
* 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.