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Located near the Trumbull and Stratford borders, this 0. 43-acre lot offers a unique opportunity to build in a quiet, well-established neighborhood of Bridgeport. The property is just minutes from major highways, shopping centers, and restaurants, making it both peaceful and convenient. The lot features 75 feet of street frontage and extends over 400 feet deep. The front portion is level, transitioning into a gentle slope toward the rear-an ideal setup for a walk-out basement. A small brook runs along the back of the property, adding natural charm without the concern of flood risk, as the lot is not in a flood zone. The site is mostly cleared and ready for development. All utilities are available at the street, including water, sewer, electricity, gas, and cable. A subdivision map and a proposed engineering site plan are included with the sale. With comparable homes in the area valued at over $500, 000, this property presents a strong investment opportunity for builders or future homeowners. SURVEY AVAILABLE
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William Raveis Mortgage, LLC
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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 | $108,000 | $108,000 | $108,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $648 | $674 | $890 |
| Total Monthly Payment | $723 | $749 | $965 |
* 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.