Discover the epitome of island living in Mystic Country, perfectly positioned between New York and Boston. Masons Island offers a rare opportunity to secure one of just 8 remaining home sites, each sprawling over an acre within a 17-acre enclave, where 5 acres are preserved as open space for the community. Craft your bespoke residence with first-floor primary bedroom suites, dedicated home offices, secluded guest wings, and sunlit kitchens. Envision your days with resort-style pools and your evenings hosting in spectacular outdoor entertainment spaces. Create a home that is designed to cater to your lifestyle and personal touches to make your living experience truly unique. As a member of the Mason Homestead Homeowners Association, indulge in the luxury of private roads, professional snow removal, and convenient trash collection. The island lifestyle extends beyond your doorstep with easy access to boating, hiking, paddling, biking, and fishing adventures. A proposal for membership at the Masons Island Yacht Club enhances the allure, offering a gateway to nautical enjoyment (membership not guaranteed). Nestled near deep-water marinas, the historic charm of Downtown Mystic, and the quaint Stonington Borough, Kingfisher Way is where luxury meets location. Secure your lot and begin the journey to living your dream in the stunning surroundings of Mystic, CT. Please note, pricing will vary based on the specific design and lot selection. Your island retreat awaits! Buyers are allowed to use their own architect and builder with architectural review. Tier 1 preferred builder.
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.
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$759,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $607,200 | $607,200 | $607,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,040 | $4,036 | $5,206 |
Total Monthly Payment | $4,132 | $4,128 | $5,298 |
* 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.