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SACRED HEART UNIVERSITY AREA - NORTH END LOCATION! New to market, this updated +/- 1, 188 square foot Cape on Myron Avenue is ideally situated in Bridgeport's desirable North End-just +/- 1. 9 miles (approx. 6 minutes) to Sacred Heart University's Center for Healthcare Education, with convenient access to shopping, dining, parks, and major commuter routes. The flexible floor plan offers 4 bedrooms, 2 full bathrooms, and a full basement, providing versatile living and income potential. Recent updates include a newer roof, +/- 6-year-old gas furnace, vinyl siding, and stainless steel appliances. Exterior features include off-street parking and a private deck. Currently leased at $3, 200/month through May 31, 2026, offering immediate, stable income. This property presents a unique opportunity for a variety of buyers: * Investors seeking a turnkey, income-producing asset * Buyers looking to secure housing for their own future use while generating income in the interim * Owner-occupants seeking a well-located home with flexible living space A rare combination of immediate income and long-term upside in a prime North End location.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Main |
| Bedroom 3 | Main |
| Kitchen | Main |
| Primary Bedroom | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 |
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|---|---|---|---|
| Loan Amount | $328,000 | $328,000 | $328,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $542 | $542 | $542 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,964 | $2,046 | $2,678 |
| Total Monthly Payment | $2,581 | $2,663 | $3,295 |
* 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.