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Presented by
James Millington - The Millington Team |
Welcome to Cedar Road, an exceptional opportunity in the exclusive Southport section of Fairfield. This custom-built 1991 colonial is perfectly positioned at the foot of Greenfield Hill, just moments from Southport Village, Westport, and Fairfield shopping. Surrounded by multimillion-dollar estates, this home is a true diamond in the rough with outstanding potential for renovation and value appreciation. A set of double entry doors welcomes you into a spacious foyer. The front-to-back living room features a stone fireplace and double sliding French doors. The formal dining room flows into the eat-in kitchen with sliding French doors to the terrace. A half bath and access to the oversized two-car garage complete the main level. Up the main staircase, a landing offers the perfect space for a home office or study area. The second floor includes two spacious bedrooms with a Jack-and-Jill bath, along with a primary bedroom featuring a full bath and plenty of closet space. A large family room with cathedral ceilings is accessible from both the second floor and a rear stairwell off the kitchen. The finished lower level provides additional living space, along with a dedicated laundry room. Notable features include a whole-house generator and central vacuum system. This is an estate property sold as-is. This home presents an outstanding chance to own a spacious Southport residence for an asking price under one million dollars. Click the link to view the virtual tour.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Jack & Jill Bath,Wall/Wall Carpet | Upper |
| Bedroom 2 | Jack & Jill Bath,Wall/Wall Carpet | Upper |
| Dining Room | 9 ft+ Ceilings,Wall/Wall Carpet | Main |
| Eat-In Kitchen | Dining Area,Patio/Terrace,Sliders,Hardwood Floor | Main |
| Family Room | Cathedral Ceiling,Wall/Wall Carpet | Upper |
| Living Room | 9 ft+ Ceilings,Fireplace,Sliders,Wall/Wall Carpet | Main |
| Primary Bedroom | Full Bath,Wall/Wall Carpet | Upper |
| Rec/Play Room | Wall/Wall Carpet | Lower |
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.
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$930,000
Sales Associate
William Raveis Real Estate
Phone: 203.258.1049
James.Millington@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $744,000 | $744,000 | $744,000 |
| 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% | 5.932% |
| Monthly Tax Payment | $1,184 | $1,184 | $1,184 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,051 | $4,461 | $6,178 |
| Total Monthly Payment | $5,327 | $5,737 | $7,454 |
* 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.