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31 Gray Farms Rd nails the wish list for today's buyer: new construction, high-end finishes, space to entertain, and a location that can't be beat. Over an acre in Stamford's Newfield area, the home is surrounded by other new builds and minutes to trains MetroNorth (NYC)/Amtrak, I-95, the Merritt Parkway, JCC, Sterling Farms, and houses of worship. Inside, a bright two-story foyer opens to an oversized living room, formal dining that can expand for large gatherings, and a showpiece kitchen with a huge island, breakfast room, Sub-Zero/Wolf appliances, walk-in pantry + butler's pantry. The kitchen overlooks a spacious family room with a gas fireplace and direct access to the rear deck, making this entire main floor perfect for everyday living or entertaining. A first-floor en suite bedroom and recessed powder room offer flexibility for guests or extended family. Upstairs, the vaulted primary suite includes two walk-in closets, a sitting area, and a spa bath with soaking tub, heated floors, and oversized shower. Four more bedrooms, three baths, laundry room w/slop sink, wide landing and MANY closets complete the upstairs. Finished walk-out lower level has high ceilings, rec room, gym/media space, bedroom, full bath, and mudroom to the oversized epoxy garage. Backyard has flat multi-tiered areas blending perfectly into that New England vibe. Modern systems throughout make this home move-in ready and built for how people actually live. Add'l Less Known Features of Homes: 1) Hot Water Recirculator- keeps hot water moving through pipes so hot water is available quickly at faucets/showers without waiting long & little wasted water; 2) Spray foamed for energy conservation; 3) Epoxied garage for durability, easy to clean, and polished look; 4) Hardiplank siding and high-end Trex decking (front porch/rear deck) for minimal maintenanceProfessionally; 5) Landscaped (softscape/hardscape) w/Native river birch trees with year-round beauty and bird habitat, Evergreen liriope groundcover with purple blooms, low maintenance Compact hollies framing the porch, Little Lime hydrangeas with color from spring to fall;
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Full Bath | 18.8 x 15.4 | Main |
| Bedroom 2 | Full Bath | 11.8 x 16.3 | Upper |
| Bedroom 3 | Jack & Jill Bath | 12.2 x 11.8 | Upper |
| Bedroom 4 | Jack & Jill Bath | 12.2 x 12.5 | Upper |
| Bedroom 5 | 12.2 x 10.8 | Upper | |
| Bedroom 6 | Full Bath | 14.1 x 12.2 | Lower |
| Dining Room | 12.2 x 18.0 | Main | |
| Eat-In Kitchen | 15.3 x 22.8 | Main | |
| Family Room | 21.1 x 31.9 | Main | |
| Living Room | 14.7 x 22.7 | Main | |
| Primary BR Suite | 9 ft+ Ceilings,Vaulted Ceiling,Bedroom Suite,Walk-In Closet,Hardwood Floor | 19.9 x 22.7 | Upper |
| Rec/Play Room | 18.7 x 30.5 | Lower |
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Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,996,000 | $1,996,000 | $1,996,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | $1,080 | $1,080 | $1,080 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,868 | $11,967 | $16,575 |
| Total Monthly Payment | $12,073 | $13,172 | $17,780 |
* 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.