This beautiful cottage is located in Dud's village where you can walk or bike to the beach, only minutes away! 61 South Street is a seasonal cottage (April 1 to October 31st) located near Hammonassett Beach State Park. Land Lease is $5,000 for the entire season. Conveniant to I95 or Route 1 with many restaurants, art galleries, golf, marinas, antique shops, food shops. This cottage is located on leased land, no financing available, cash only. You also will have access to Madison Town beaches. Schedule a showing today!
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Listing courtesy of Alan Barberino, Alan Barberino Real Estate LLC Email: alan.barberino@gmail.com
61 South Street, Madison, CT, 06443
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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