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Opportunity knocks in Bridgeport's desirable North End. Located at 69 Seaver Circle, this well-maintained four-bedroom, one-bath home has been updated within the last 10 years and is currently generating $3, 400 per month in rental income with a lease in place through May 31, 2026. The property is ideally situated just minutes from Sacred Heart University, making it a highly desirable rental location with consistent demand. Its proximity to campus, shopping, dining, parks, and major commuting routes adds to the long-term appeal for both investors and future occupants. This property offers multiple possibilities: continue operating it as an income-producing rental, purchase as a long-term investment in a strong rental corridor, or plan for owner occupancy beginning June 1, 2026 once the current lease concludes. Homes in the North End near Sacred Heart University are always in demand, making this a compelling opportunity for investors or buyers looking to secure a property in one of Bridgeport's most sought-after rental locations.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Main |
| Bedroom 3 | Upper |
| Living Room | Main |
| Primary Bedroom | Main |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 |
|
|---|---|---|---|
| Loan Amount | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.345% | 6.533% | 5.783% |
| Monthly Tax Payment | $593 | $593 | $593 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,130 | $2,246 | $2,940 |
| Total Monthly Payment | $2,798 | $2,914 | $3,608 |
* 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.