A charming historic two-family house in the heart of Rowayton's village, directly across from Pinkney Park. Walk out your front door to the Farmer's Market and the annual Shakespeare on the Sound production at the park! Both units are 3 bedrooms, 3 bathrooms. The house has a detached one-car garage, sits on . 28 acres with separate private backyards, 2 back patios, and 2 front porches. The unit on the right was exquisitely renovated in 2012. It features an open floor plan downstairs with a living room, kitchen, dining area, mudroom area and powder room. Upstairs includes 3 bedrooms, 2 bathrooms, a sitting room, laundry, and a den. Includes a beautiful fireplace and wide plank oak floors throughout. Full basement for storage. (2265 sf) The unit on the left boasts historic charm and has been gradually updated throughout the years. This unit includes a living room, kitchen, dining area, 3 bedrooms, 3 bathrooms, and what was Rowayton's oldest tavern in the basement. (1600 sf) This is an incredible opportunity for someone to live on one side and rent the other side as an investment or use it as an in-law apartment. Conversion to a single family residence is also possible. Steps from the village of Rowayton and a short walk to Bayley Beach.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,120,000 | $2,120,000 | $2,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.738% | 6.559% |
Monthly Tax Payment | $1,798 | $1,798 | $1,798 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,541 | $13,575 | $18,322 |
Total Monthly Payment | $14,464 | $15,498 | $20,245 |
* 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.