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Location, Location, Location. Set in the coveted North Cove neighborhood, CT River meets the Long Island Sound, awaits an exceptional residence. Mature gardens and stunning trees welcome you. Your backyard faces a beautiful park. Just a few steps away lies the Saybrook Point Marina and Health Club. This one-of-a-kind MIDCENTURY MODERN HOME is custom-built thoughtfully constructed in 1957, is an opportunity to create a one-of-a-kind home-custom cherry kitchen cabinets, new appliances and island bar. 20ft Vaulted ceilings surround you as you stroll around flagstone fireplace. Step inside and be greeted by hardwood floors, high ceilings, and expansive windows artfully framing the natural beauty. This hidden gem boasts over 3700 square feet of living space, providing ample room for indoor and outdoor entertaining. The main level is 1955 sq ft, and the lower finished level is 1775 sq ft. Discover four generously sized bedrooms and 2. 5 bathrooms. 2 bedrooms on the main living area and additional bedrooms on the lower level along with a full kitchen. Possible INLAW suite use. Embrace the unique charm of this prime location - a rare chance to own a piece of paradise, build tremendous equity in one of Old Saybrook's most desirable locations.
Type | Description | Level |
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Bedroom 1 | Beams,Cedar Closet | Main |
Bedroom 2 | Lower | |
Bedroom 3 | Cedar Closet | Lower |
Bedroom 4 | Lower | |
Bedroom 5 | Cedar Closet | Lower |
Bedroom 6 | Cedar Closet | Lower |
Dining Room | Vaulted Ceiling,Beams,Hardwood Floor | Main |
Living Room | Vaulted Ceiling,Built-Ins,Ceiling Fan,Fireplace,Patio/Terrace,Hardwood Floor | Main |
Primary Bedroom | Vaulted Ceiling,Cedar Closet | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $951,200 | $951,200 | $951,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
Monthly Tax Payment | $624 | $624 | $624 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,401 | $6,012 | $8,027 |
Total Monthly Payment | $6,150 | $6,761 | $8,776 |
* 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.