Welcome to 869 Montauk Ave, located in New London's sixth district and just steps to Long Island sound. Peekaboo ocean views from the spacious living room. Two bedrooms and 1 full bath complete this home with one floor living. Newer kitchen completed in 2021. Beautiful hardwood floors throughout the house. New room/Den in the lower level with a gas fireplace approximately an extra 200 sq ft. There are 2 fireplaces, the one in the living room is wood fired with lots of wood outside your front door. New high efficiency, natural gas fired boiler and new hot water "on demand. " New electrical panel. On the outside the home has been professionally landscaped, a new garden shed with electrical, new deck from tropical hardwood and a new heated swim spa. Installed in 2022. . (I had never seen one but very impressive)! One car garage extra deep with workshop area. Plus the yard is completely fenced in! The list goes on and on!
Type | Description | Level |
---|---|---|
Bedroom 1 | Hardwood Floor | Main |
Den | Remodeled,Gas Log Fireplace | Lower |
Kitchen | Remodeled,Built-Ins,Ceiling Fan,Double-Sink | Main |
Living Room | Bay/Bow Window,Book Shelves,Built-Ins,Fireplace,Hardwood Floor | Main |
Primary Bedroom | Hardwood Floor | 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 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** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $463 | $463 | $463 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,455 | $2,392 | $3,086 |
Total Monthly Payment | $2,992 | $2,929 | $3,623 |
* 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.