The perfect beachfront home for daily living or as a very lucrative rental. This fabulous home with its own, deeded, private beach is an unbelievable asset. Investors with no mortgage can enjoy an 11+ CAP and with a mortgage 6. 5+ CAP. Bright home with 4 bedrooms, 4 baths, attached 2 car garage, elevator, hardwood floors and custom finishes throughout. 4000+ sq. ft. directly on the Long Island Sound. 4 levels of gracious living with 180-degree views. The primary suite on the entire top floor with a deck, lookout, sitting areas, fireplace, wet bar and great closets. BRAND-NEW spa bathroom with an enormous steam shower, sauna, tub, heated floor and stunning tiles. The floor below has a guest suite with its own deck, steam shower and dressing room. 2 bedrooms with a bath finish the level. Open concept main level with floor to ceiling windows on 3 sides and a full bath. The chef's kitchen boasts a gas cooktop, double oven, professional fridge, wine fridge, huge pantry, 2 dishwashers and 3 sinks. The deck from the main level was extended to allow ultimate outdoor entertainment. The beachside oasis is professionally landscaped and designed with a dreamy walkway and sitting area with a gas firepit. For beachfront enjoyment, the lower patio was extended further towards the water. Old pier pilings were removed from the Sound to make the in-water experience perfect too. MONEY MAGAZINE named MILFORD a "50 Best Places to Live 2024 in the USA" and "Best Kept Secret. " ONLY CT on the list!
Type | Description | Level |
---|---|---|
Bedroom 1 | Balcony/Deck,Dressing Room,Full Bath,Hardwood Floor | Upper |
Bedroom 2 | Jack & Jill Bath,Hardwood Floor | Upper |
Bedroom 3 | Jack & Jill Bath,Hardwood Floor | Upper |
Dining Room | Combination Liv/Din Rm,Hardwood Floor | Main |
Full Bath | Full Bath,Stall Shower | Main |
Full Bath | Granite Counters,Steam/Sauna | Upper |
Jack & Jill Bath | Double-Sink | Upper |
Kitchen | Granite Counters,Wet Bar,Island,Pantry,Hardwood Floor | Main |
Living Room | Balcony/Deck,Combination Liv/Din Rm,Gas Log Fireplace,French Doors,Hardwood Floor | Main |
Other | Studio | Lower |
Primary Bath | Remodeled,Double-Sink,Steam/Sauna,Tile Floor,On 3rd Floor | Upper |
Primary BR Suite | Balcony/Deck,Gas Log Fireplace,Full Bath,Walk-In Closet,Hardwood Floor,On 3rd Floor | Upper |
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$2,780,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,224,000 | $2,224,000 | $2,224,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $2,087 | $2,087 | $2,087 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,334 | $14,425 | $19,373 |
Total Monthly Payment | $15,546 | $16,637 | $21,585 |
* 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.