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Presented by![]() Burgio Sousa Team |
The "Lake Shack on Seminole" This quaint lake cottage is nestled in the quiet Bay on historic Lake Pocotopaug. Designed with a nautical theme, this home has just been completely renovated and updated, offering 1, 100 sq. ft. of turn-key lake living. The Lake Shack is perched on Seminole Trail only 200 feet from shore with no risk of flooding. This home comes with a very large property, has an abundance of designated parking, a huge driveway, and a custom oversized one-car garage making this even more unique! As you approach the front door and stroll down the dock-inspired walkway, you may be pleasantly surprised by its two-floor living. The award-winning 'zen-like' custom maintenance-free landscaping will send you into automatic relaxation. The entrance presents an open floor plan complete with custom waterproof flooring, a cultured stone fireplace, nautical theme half bath, brand new kitchen cabinets, gorgeous granite counters, walk-out slider to deck and brand-new windows- boasting the lake's sunset from every corner of this main floor! Yes, there's another floor! Walk down the nautical theme staircase, which seconds as storage, or walk right in from outside through an additional matching slider. The lower level hosts an entry breezeway/laundry room complete with washer/ dryer combo, two bedrooms, a full custom bathroom, and utility closet. Mechanics have all been updated, including brand new water/well and filtration setup, on-demand hot water system, and all smart enabled Smoke/CO detectors. The Lake Shack was designed to create heat and A/C as efficiently as possible. The main floor has a brand new, extremely efficient, ductless heat and air conditioning unit, controlled via WIFI and/or remote. The lower level has high efficiency electric baseboards in each room, all independently controlled via WIFI and/or thermostats. The entranceway wall has an additional WIFI/thermostat-controlled heater installed flush in the wall, also extreme efficiency. There's plenty of power in this home with 200 amps of service. The garage is a free-standing 22' x 14' oversized one car/truck space custom built by local favorites, Carefree Buildings. It's fully electrified, has beautiful windows throughout and a loft for storage. This gem is located within the beautiful association of Princess Pocotopaug. Our association owns not one, but two beautiful beaches which are private, protected, and maintained. As a tenant, you have the luxury of attending these beaches and have rights to own a boat, jet ski and/or a dock, just steps away from your front door. Golf carts are also permitted. Princess Pocotopaug Association is an independent taxing district and not an HOA. They create their own annual budgets in addition to social events and more. There is also a clubhouse in the neighborhood available to rent for any occasion. Lake Pocotopaug is the perfect lake to enjoy activities such as kayaking, canoeing, fishing, bird watching, boating with gas motors permitted, and so much more. All boating season, you have the luxury of docking right up to a new waterfront restaurant/bar. With a popular, fun and delicious Mexican Restaurant and Dollar General within walking distance, along with many other amenities that include two major grocery store options minutes away, this home truly is in the heart of a sought-after community. First, last and security deposit required at signing. Length of lease negotiable, minimum one year agreement. Dock use and location TBD, based on availability. Storage of mechanically-dead vehicles, equipment, RV's not permitted. RV's and Campers not permitted. Limit on household occupants. No Pets please
Type | Description | Level |
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Bedroom 1 | Lower | |
Eat-In Kitchen | Sliders | Main |
Full Bath | Lower | |
Half Bath | Main | |
Living Room | Remodeled,Fireplace | Main |
Primary Bedroom | Lower |
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NMLS Mortgage Loan Originator ID 93047
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $2,160 | $2,160 | $2,160 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $14 | $14 | $18 |
Total Monthly Payment | $89 | $89 | $93 |
* 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.