Presented byCarolann Blomberg |
Presenting an exceptional investment opportunity in the heart of Fairfield, a multifamily property featuring two expansive units, meticulously designed for discerning investors. Each unit offers spacious accommodations, complemented by unique features that add versatility and value to the property. The first-floor unit not only boasts generous living space but also offers a partially finished walk-out basement, providing additional functionality and potential. The partially finished basement opens up opportunities for customization or expansion, allowing you to tailor the unit to your lifestyle needs or investment goals. The second-floor unit features access to a walk-up partially finished attic, presenting further opportunities for expansion and customization. This adaptable attic space offers you the flexibility to create additional living space or storage as desired. In addition to these features, the property includes a coveted three-car garage, ensuring ample parking and storage options. Conveniently located within walking distance of the train station, this property offers easy access to transportation, making it an ideal choice for commuters and city lovers alike. With easy access to I 95, the town's amenities, from upscale dining to scenic parks, ensuring a lifestyle of comfort and convenience. Seize the chance to secure a lucrative asset in a prime location celebrated for its allure and investment potential.
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Sales Associate
William Raveis Real Estate
Phone: 860.753.0383
Carolann.Blomberg@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.585.3916
Bobby.Kazarian@raveis.com
NMLS Mortgage Loan Originator ID 1875225
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,920 | $479,920 | $479,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.932% | 7.282% | 6.498% |
Monthly Tax Payment | $564 | $564 | $564 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,274 | $3,233 | $4,115 |
Total Monthly Payment | $3,930 | $3,889 | $4,771 |
* 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.