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Looking for that perfect seaside beach house for the family vacation this summer? Have a look at this sunny, roomy, and comfortable property in the Great Hammock Beach Association in Old Saybrook, CT. The 4BR set up includes two full en-suite bath primaries; one on each floor. Add a third BR with twin full size beds and a fourth with bunk beds for 4. The house sleeps 8-10 and seats just as many with expandable dining table and chair set that fits them all. A great home to invite the family and friends at any time and even host your crowd over the weekends and holidays. Tenants also enjoy the Association's two beaches framed by a walkable sand bar; a boat launch, use of single and double kayaks. Sunset and waterfront views from nearly every room and the 180 degree wrap around porch. Watch seasonal osprey and resident bald eagles join seabirds galore as they fish from the fast flowing tidal entry to a grand marsh and tidal cove from the nearby bridge. All modern conveniences, newer kitchen and baths, laundry and outdoor shower. Central AC ensures comfort regardless of the temp outside. New, efficient split system doubles down on year round comfort. Handicap accessible chair shuttles between garage and main floor. Old Saybrook is home to numerous restaurants, everything from famous fried clams and lobster to fine dining. Centrally located between Boston and NYC with Amtrak and Metro North connections from Old Saybrook station. Come soon! This property never lasts long.
Type | Description | Level |
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Bedroom 1 | Full Bath,Walk-In Closet | Upper |
Bedroom 2 | Upper | |
Bedroom 3 | Upper | |
Dining Room | Main | |
Great Room | Main | |
Kitchen | Breakfast Bar,Built-Ins,Pantry | Main |
Primary Bedroom | Bedroom Suite,Full Bath,Walk-In Closet | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $3,600 | $3,600 | $3,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $23 | $24 | $30 |
Total Monthly Payment | $98 | $99 | $105 |
* 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.