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Simply gorgeous one-level ranch-style condo in a fabulous location. This beautifully updated 1st Floor unit features a stunning new kitchen with custom cabinetry, quartz countertops, brand-new appliances, and new flooring. Refinished hardwood floors run throughout, complemented by a newly renovated bathroom with a walk-in shower, stylish vanity, and space for a stackable laundry. Designed for easy, one-level living, the home offers convenient rear access to the nearby parking lot, a spacious bedroom with a large closet, a generous linen storage closet, a coat closet at the entry, and a designated storage area in the basement. The rear exit opens to a small yard exclusive to the unit-ideal for creating a private patio (with association approval). Heat, hot water, and gas cooking are included in the affordable common charges - just $343 per month, making this nicely updated, low-maintenance home with low property taxes a true win-win. Enjoy sidewalks to downtown Black Rock Tpke with its shops and variety of restaurants, along with easy access to the Merritt Parkway, I-95, and Fairfield Metro Station. An ideal option for downsizing, part-time living, or year-round enjoyment in a desirable Fairfield location-perfectly situated between Lake Mohegan's trails, parks, and swimming, Fairfield's five town beaches, and its many wonderful activities, libraries, and amenities. A rare opportunity for an affordable, move-in-ready home in the heart of Fairfield. Pictures have been virtually staged in dining area, living room, and bedroom. Buyer must reside in the unit during the 1st year owned. The Picture of the back patio is of a neighboring unit. The picture is included as a small example of what an owner can do in the rear of their unit with association approval. All units come with 1 assigned parking place and 1 visitor parking spot. Parking in street is also allowed. Plenty of parking is always available.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Dining Room | Hardwood Floor | 8.7 x 9.4 | Main |
| Kitchen | Hardwood Floor,Vinyl Floor | 9.4 x 14.9 | Main |
| Living Room | Hardwood Floor | 11.9 x 21.9 | Main |
| Primary Bedroom | Hardwood Floor | 11.8 x 16.0 | Main |
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $308 | $308 | $308 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,656 | $1,747 | $2,288 |
| Total Monthly Payment | $2,039 | $2,130 | $2,671 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.