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Discover the perfect blend of comfort and convenience in this extremely desirable Ranch-style end unit, just 10 minutes from the shore and less than 2. 5 miles from downtown New London. Nestled in the scenic Rope Ferry Commons community with tranquil water features, tennis/pickleball and basketball courts, this home offers both relaxation and recreation. Enjoy serene water views from your primary bedroom and open living room, adding to the peaceful ambiance. Inside, recent updates include a freshly painted interior, new kitchen flooring, and a newer hot water heater. Take advantage of the slider door from the living room to access your spacious deck, perfect for unwinding in this picturesque setting. The primary bedroom is sure to please, with a large walk-in closet and private half bath. Down the hall, you'll find the full shared bathroom and spacious secondary bedroom - not to mention laundry conveniently located on the main level! The spacious, dry basement with high ceilings, windows, and a walk-out provides endless potential for additional living space. With shopping, dining, medical facilities, schools and the library just around the corner, this prime location offers unmatched convenience. All that's left is your personal touch to make it home!
Type | Description | Level |
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Bedroom 1 | Wall/Wall Carpet | Main |
Dining Room | Main | |
Kitchen | Main | |
Living Room | Balcony/Deck,Sliders,Wall/Wall Carpet | Main |
Primary Bedroom | Half Bath,Walk-In Closet | Main |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
Monthly Tax Payment | $235 | $235 | $235 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,611 | $1,792 | $2,324 |
Total Monthly Payment | $1,921 | $2,102 | $2,634 |
* 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.