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Welcome to your dream retreat in the heart of Westport, Connecticut! Nestled on over 2 acres of serene and private land, this quaint cottage offers the perfect blend of rustic charm and modern convenience. Ideally located, you'll find yourself just moments away from the train station, vibrant downtown Westport, and the scenic Compo Beach. The property's expansive grounds provide ample opportunity for customization and growth, boasting enough space to expand the existing cottage footprint and even build a 2, 000 square foot Accessory Dwelling Unit (ADU). This flexibility makes it an ideal choice for those looking to create a multi-generational living space or a guest retreat. Step inside to discover a warm and welcoming interior with cozy living spaces, featuring charming details that reflect the character of this delightful cottage. Large windows allow natural light to pour in, creating a bright and airy atmosphere. The surrounding landscape offers lush greenery and a sense of tranquility, providing a private oasis to relax and unwind. Whether you're looking to enjoy the convenience of nearby amenities, explore the beautiful beaches, or simply savor the peace and privacy of your own estate, this property offers the perfect canvas for your vision. Don't miss the chance to make this Westport gem your own!
Type | Level |
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Bedroom 1 | Main |
Bedroom 2 | Main |
Dining Room | Main |
Family Room | Main |
Kitchen | Main |
Office | Main |
Primary Bedroom | Lower |
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$1,895,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,516,000 | $1,516,000 | $1,516,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | $923 | $923 | $923 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,727 | $9,707 | $12,895 |
Total Monthly Payment | $9,775 | $10,755 | $13,943 |
* 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.