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Stonington Borough- A "rare gem". Adorable 3 bedroom 3 full bath cottage; sweeping water views of Little Narragansett Bay, Sandy Point and Watch Hill. Located on a corner lot at the tip of Stonington Point. Open floor plan with beautiful hardwood floors throughout and wonderful water views. The primary bedroom offers you a private balcony to enjoy the ever changing views of the bay. There is a cozy outdoor patio for entertaining and enjoying the attractive flowers and plantings thriving in the salty ocean air. This corner lot offers ample on-street parking and a level 2 electric car charging station- a rarity in the Borough. Step right outside to drop your paddle board or kayak and off you go into spectacular sunsets or to an available mooring right off this property. "Village Life" in Stonington is special: shop in one-of-a kind boutiques, linger for dinner at one of the trendy restaurants, enjoy a gelato or hot fudge Sunday at the newly opened Bodega, walk to the beach, library, fishing docks and more. Centrally located between New York and Boston with an international airport 35 minutes away and an Amtrak train station just 10 minutes away. Enjoy all kinds of water sports and outdoor activities in one of the best little seaside villages in the northeast. Schedule your private viewing of this home today! $15, 000/month (July/August). new photos are being taken and will be added
Type | Description | Level |
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Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Den | Lower | |
Dining Room | Lower | |
Full Bath | Lower | |
Full Bath | Upper | |
Full Bath | Upper | |
Living Room | Dining Area | Lower |
Primary Bedroom | Upper |
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Phone: 203.980.8025
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $12,000 | $12,000 | $12,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.159% | 7.166% | 6.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $77 | $80 | $101 |
Total Monthly Payment | $152 | $155 | $176 |
* 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.