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Presented by
Alice Desmond |
15 Summit Street, Stonington (Stonington Borough), CT, 06378 | $849,000
Stonington Borough, 3 Family with VIEWS of SANDY POINT, NAPATREE POINT, WATCH HILL, MONTAUK & BLOCK ISLAND all year round from ALL UNITS. Dont miss out on this Magnificent 3 unit Apartment building w/a 2 CAR GARAGE & off street large PAVED parking. Rare to have 3 units, plenty of parking & a garage. So many possibilities for investors, owner occupients or Airbnb w/separate (oil) HEAT, HOT WATER & (circuit breakers) ELECTRICAL. Many updates throughout the yrs w/ roof, (2 units) heating, oil tanks, electrical, all sheetrock( no plaster), paint, garage doors, gutters, flooring & much more. Beautiful large porch in the back to sip your coffee or have a glass of wine w/views of the ocean. Nice vinyl fenced in level yard. 1st floor unit REMODELED w/ GRANITE COUNTERS, paint, floors, bath & ready for you to live in or rent. Could be 2 or 3 bedrms & steps away from your deck to enjoy the views of boats going by. 2nd floor unit w/ 2-3 bedrms, nice wide plank wood floors, big living rm(or could be 3rd bedrm), dining rm & full bath. 3rd unit is a 1-2 bedrm, Full bath w/skylight. Plenty of room to possibly add porches to all units in the back to enjoy the views or expand the top floor unit. ALL units have a stove & refrigerator. Full nice & clean walkout basement w/ washer & dryer hookups for all units & sprinklers on all the heating systems. Plenty of storage space. Adorable front porch for access and egress for all units. Long term tenants in place month to month. Rental income could be much higherAnd even higher with Airbnb. Low maintenance w/CITY WATER & SEWER, LOW TAXES 4417 a year. NO FLOOD INSURANCE needed. Family owned for over 74 yrs. Don't miss out on this AMAZING 3 Family home. . . . . sqft is approx 3000 for the whole building
Features
- Town: Stonington
- Rooms: 14
- Bedrooms: 6
- Baths: 3 full
- Units: 3
- Laundry: Basement Hook-Up(s)
- Style: Units on different Floors
- Year Built: 1900
- Garage: 2-car Detached Garage,Paved,Driveway
- Heating: Hot Water
- Cooling: None
- Basement: Full,Full With Walk-Out
- Above Grade Approx. Sq. Feet: 2,407
- Acreage: 0.09
- Est. Taxes: $4,417
- Lot Desc: Level Lot,Water View
- Elem. School: Per Board of Ed
- Middle School: Per Board of Ed
- High School: Per Board of Ed
- MLS#: 24079457
- Website: https://www.raveis.com
/prop/24079457/15summitstreet_stonington_ct?source=qrflyer
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.
Alice DesmondSales Associate
617.834.1213
Alice.Desmond@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
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1017266
508.335.8179
Michael.Cartier@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
Daniel RobertsonInsurance Sales Director, William Raveis Insurance
203.506.7567
Daniel.Robertson@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 - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
- 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 Summit Street, Stonington (Stonington Borough), CT, 06378
$849,000
Alice Desmond
Sales Associate
William Raveis Real Estate
Phone: 617.834.1213
Alice.Desmond@Raveis.com
Michael Cartier
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $679,200 | $679,200 | $679,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
| Monthly Tax Payment | $368 | $368 | $368 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,751 | $4,127 | $5,686 |
| Total Monthly Payment | $4,211 | $4,587 | $6,146 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524