Beautiful turnkey, spacious, and exquisite. These are just a few of the words that describe this pristine cottage located at Dud's Village in the wonderful town of Madison! This cottage has a beautiful spacious kitchen with plenty of counter space, a large sink, and a plethora of cabinet space to store cooking equipment. The floors throughout this cottage are even-level and professionally finished, adding a unique vibe to your summer getaway. There is even a stackable washer and dryer, a 40 gallon water heater, ensuring there is a enough hot water for any use you may desire, and a full spacious professionally finished bathroom with a walk-in shower. A 30 inch microwave is included and is situated right above the stove! All furniture, including a flat screen wall-mounted TV and a Char-Broil grill! The premises are professionally landscaped, and there is a large walk-in shed to store equipment (most of which is included) and an outdoor shower! Mostly all pots, pans, plate, cooking equipment and accessories are also included. Purchasing at Dud's Village allows residents to go to the town beaches. Very convenient access to Rt 1, I-95 as well as a short walk from Hammonassett State Park. This is a seasonal cottage on leased land, and the seller has prepaid the land lease for the remainder of the season!
Type | Level |
---|---|
Den | Main |
Dining Room | Main |
Full Bath | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Main |
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NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $175,200 | $175,200 | $175,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $214 | $214 | $214 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,210 | $1,151 | $1,467 |
Total Monthly Payment | $1,499 | $1,440 | $1,756 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.