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275 Long Ridge Road, Stamford (Bull's Head), CT, 06902 | $1,075,000
Investment Opportunity! 275 Long Ridge Road is a legal 4-family, non-conforming property w/ separate structures in the Bulls Head section of Stamford. Offering over 3, 700 sq. ft. of living space, this property is the ultimate fixer-upper w/ tremendous "add-value" potential. The front building has 2-units; first-floor (Unit A) is a spacious 2-Bed/1-bath w/ eat-in kitchen, living room & large 3-season porch plus access to basement laundry & 1-car garage; the second-floor (Unit B) is a very large 1-Bed/ 1-bath w/ eat-in kitchen w/ pantry & living room. The rear building has 2-units; left side (Unit C) is a 1-Bedroom/1-bath w/ eat-in kitchen & living room plus access to he/she shed; the right side (Unit D) is a 2-floor unit featuring 3-Bedrooms/ 2-baths w/ large eat-in kitchen, living room & large enclosed porch. Paved parking for 15 cars! Oil heat (3-yo furnace & hot water heater), propane (used for stoves), electric, and municipal water & sewer are all paid by owner/ included in rent. Located on a bus line, walking distance to Bulls Head/ upper Summer St shopping/ restaurants, only 1. 5 miles from Merritt Pkwy & 2. 5 miles to Stamford Metro Station & I-95. Please be respectful of tenants & their belongings while on the property. Sold As-Is. Tremendous potential here as the current owner pays for ALL utilities (electric, oil, propane, water, sewer) AND the rents are under market price because tenants (3/4) have been there for a long time PLUS needed updates/ renovations will yield top-dollar. Seller requests offers be submitted on standard form real estate contract (4-page)
Features
- Town: Stamford
- Rooms: 192
- Baths: 60 full
- Units: 4
- Laundry: Washer/Dryer Some Units
- Style: Units on different Floors,Units are Side-by-Side
- Year Built: 1925
- Garage: Paved,Unassigned Parking,Driveway
- Heating: Baseboard,Radiator
- Cooling: Window Unit
- Basement: Full,Unfinished,Storage,Hatchway Access,Interior Access,Concrete Floor
- Above Grade Approx. Sq. Feet: 3,769
- Acreage: 0.23
- Est. Taxes: $14,056
- Lot Desc: City Views,Level Lot
- Elem. School: Per Board of Ed
- High School: Per Board of Ed
- MLS#: 24175432
- Website: https://www.raveis.com
/prop/24175432/275longridgeroad_stamford_ct?source=qrflyer
Listing courtesy of Higgins Group Real Estate Phone: (203) 658-8282
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 130058
203.952.8600
Joseph.Mollica@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Ray CashenPresident, William Raveis Attorney Network
203.925.4590
For homebuyers and sellers, our Attorney Network:
- Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
- Offers access to experienced closing attorneys at competitive rates
- Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies
275 Long Ridge Road, Stamford (Bull's Head), CT, 06902
$1,075,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Joseph Mollica
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $860,000 | $860,000 | $860,000 |
| 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 | $1,171 | $1,171 | $1,171 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,816 | $5,225 | $7,199 |
| Total Monthly Payment | $6,112 | $6,521 | $8,495 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524