15 Cedar Grove Avenue, New London, CT, 06320 | $320,000

Welcome to your next home! This updated and move-in ready 1940's Cape-Cod style home has the charm of a beach cottage with the updates and location along the Connecticut shoreline to allow for modern conveniences and new adventures. This home has freshly painted neutral colored walls and original 1940 hardwood floors, trim and crown molding throughout. This home has an open and updated kitchen with stainless steel appliances ready to cook your next meal, and the adjacent open floor plan living and dining area is perfect for entertaining. The two bedrooms have ample closet space for your storage needs. The updated bathroom has a shower-tub combo and storage in bathroom and near by linen closet. This home features a walk-out basement to allow for the expansion of living areas or the addition of a basement rental. The detached 1 car garage and spacious driveway allow for parking of at least 5 cars. Attached to the home are a side porch as well as a back deck perfect for grilling on summer evenings and watching the New London Sailfest Fireworks. The cheerful home is located on . 27 acres of land in the heart of New London close to schools and shopping. Within a 15 minute or less drive is Ocean Beach and downtown New London, the Waterford Commons shopping center and The Crystal Mall. Try you luck at one of Connecticut two award winning Casino's. Other attractions - Visit Olde Mistick Village, say Hi to the Beluga Whales at Mystic Aquarium, explore the Mystic Seaport and all the events that happen year round. The Naval Submarine Base is located in Groton just over the bridge. So many adventures and things to do within 15-20 minutes. New London has a train station so easy commuting to New Haven, Boston or other Cities. Rather take a Ferry - Block Island and Long Island just a boat ride away.

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Lower Level
  • Style: Cape Cod
  • Year Built: 1940
  • Garage: 1-car Detached Garage,Off Street Parking
  • Heating: Hot Water
  • Cooling: None
  • Basement: Full
  • Above Grade Approx. Sq. Feet: 930
  • Acreage: 0.27
  • Est. Taxes: $4,331
  • Lot Desc: Level Lot
  • Elem. School: Per Board of Ed
  • High School: New London
  • Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher
  • MLS#: 24089230
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /raveis/24089230/15cedargroveavenue_newlondon_ct?source=qrflyer
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Room Information

Type DescriptionDimensionsLevel
Bedroom 1 Balcony/Deck,Ceiling Fan,Hardwood Floor12.0 x 13.0Main
Kitchen Remodeled,Hardwood Floor12.0 x 13.0Main
Living Room Remodeled,Bay/Bow Window,Hardwood Floor14.0 x 19.0Main
Primary Bedroom Ceiling Fan,Hardwood Floor12.0 x 13.0Main

William Raveis Family of Services

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.

Vogel TeamSales Associates

860.614.0666

Lori.Vogel@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Justin SchunkInsurance Sales Director, William Raveis Insurance

860.966.4966

Justin.Schunk@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
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  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

15 Cedar Grove Avenue, New London, CT, 06320

$320,000

Vogel Team

Sales Associates

William Raveis Real Estate

Phone: 860.614.0666

Lori.Vogel@Raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $256,000 $256,000 $256,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.995% 7.050% 6.132%
Monthly Tax Payment $361 $361 $361
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,597 $1,682 $2,143
Total Monthly Payment $2,033 $2,118 $2,579

* 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.