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Welcome to 255 Monticello Drive. Enjoy living in one of Branford's condominium communities located near Route One, 95 highway, shopping, restaurants and more. This 2-bedroom 1. 5 bath unit offers 3-levels of living. The floor plan offers the kitchen overlooking the dining area, a spacious living room with a fireplace, finished walk-out lower level with laundry room and seperate area for office or walk in storage. Many upgrades have been addded to this unit - new stainless dishwasher (2023), Upgraded HVAC ductwork to support New HVAC system (2024), New 88, 000 BTU 80% AFUE single-stage furnace (2024), New 2. 5 ton 13. 4SEER2 air conditioning system (2024), Upgraded coolant/refrigerant lines to support new AC syatem (2024), Installed 4" high-efficiency HVAC air filtration system (2024), Installed Ecobee Smart thermostat (2024), New smart LG washer, Dryer heating element replaced, New gas water heater (2026) as well as the basement was renovated in 2024. In addition the complex offers a pool, clubhouse and tennis courts.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Laminate Floor | Upper |
| Dining Room | Laminate Floor | Main |
| Family Room | Patio/Terrace,Sliders,Tile Floor | Lower |
| Full Bath | Tile Floor | Upper |
| Half Bath | Tile Floor | Main |
| Kitchen | Ceiling Fan,Laminate Floor | Main |
| Living Room | Combination Liv/Din Rm,Fireplace,Laminate Floor | Main |
| Primary Bedroom | Ceiling Fan,Laminate Floor | Upper |
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $251,920 | $251,920 | $251,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $317 | $317 | $317 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,490 | $1,551 | $2,042 |
| Total Monthly Payment | $1,882 | $1,943 | $2,434 |
* 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.