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Welcome to a rare opportunity to own a classic stone exterior home nestled on a peaceful cul-de-sac street in Stratford. This delightful residence offers a surprisingly serene environment while being just steps away from the vibrant Main Street, ensuring you enjoy the best of both worlds. Location is everything, and this home is perfectly situated to provide exceptional convenience to downtown Stratford. With a variety of shopping centers, delectable restaurants, picturesque marinas, and beautiful beaches nearby, you will have everything at your fingertips. Although close to Main Street's lively atmosphere, the property boasts a tranquil, tucked-away feel that is hard to find in such a central location. As you consider this home, you'll appreciate its distinct features. The classic stone exterior is complemented by low-maintenance plaster interior walls, allowing you the luxury of more leisure time to spend enjoying the things you love. The oversized two-car garage provides ample storage space, while the private rear yard offers the exciting potential for a future pool, already equipped with a former pool hookup. While the home may require some updating, this presents a fantastic opportunity for buyers looking to build equity and personalize their living space. Imagine the possibilities as you infuse your style into this charming abode, creating a home that reflects your aspirations. This unique property combines character, an exceptional location, and great value Conceptualized pictures edited by a professional decorator for visual purposes only. Property is known flood zone AE, which means possible 100 flood. Current flood insurance is $1200/yr and property is unknown to be affected by any flooding.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Dining Room | Lower |
| Living Room | Lower |
| Primary Bedroom | Lower |
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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 |
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|---|---|---|---|
| Loan Amount | $279,920 | $279,920 | $279,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $501 | $501 | $501 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,676 | $1,767 | $2,324 |
| Total Monthly Payment | $2,252 | $2,343 | $2,900 |
* 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.