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Presented by
Harry Finer - The Finer Team |
Bring your vision to 79 Loughran Ave, a once in a lifetime, out of the flood zone waterfront property located in the Mid-Ridges of Stamford. This home recently suffered an interior fire, and was subsequently taken down to the studs. Per the city tax card this home is a 4 bedroom, 3 bath ranch, with a 1, 576 sq. ft. footprint + 525 sq ft attached garage. Additionally, there is a full walk-out lower level with 10' +/- ceilings. The opportunities are endless - rebuild the existing ranch and capture 2500+ sq ft of finished area (between first and lower level) or vertically expand and build up. Currently on septic/ well, however city sewer and public water are available in the street for connection. Located just south of the Merritt Parkway, and just minutes from Whole Foods, restaurants, shopping and Downtown Stamford. This is a very rare opportunity to own waterfront home, elevated from the river & out of the AE flood zone, that is south of the parkway. Whether you are a builder looking for your next project or an end-user dreaming of a custom waterfront lifestyle, this "blank canvas" is not one to miss out on. This home is sold as-is, where is.
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Bedroom 2 | Main |
| Bedroom 3 | Lower |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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$825,000
Sales Vice President
William Raveis Real Estate
Phone: 860.882.4911
Harry.Finer@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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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 | $660,000 | $660,000 | $660,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $959 | $959 | $959 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,696 | $4,010 | $5,525 |
| Total Monthly Payment | $4,747 | $5,061 | $6,576 |
* 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.