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Welcome to 10 Prospect Drive, a charming Stratford home filled with character, flexibility, and a unique connection to local history. Per the seller, homes in this neighborhood were originally built for GE workers who traveled by train to the nearby GE factory, giving this property a special tie to Stratford's industrial past while offering the comfort and convenience today's buyers are looking for. Set in an established neighborhood, this home offers a versatile layout with comfortable living spaces and room to make it your own. A standout feature is the flexible first-floor room, which the seller previously used as a primary bedroom and which past owners have used as a formal dining room. Whether you need a main-level bedroom, a dining area, a home office, or additional living space, this room offers options to fit your lifestyle. Conveniently located near shopping, dining, major routes, train access, and area amenities, 10 Prospect Drive is a great opportunity for first-time buyers, downsizers, commuters, or anyone looking for a home with charm, history, and potential in a desirable Stratford location.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Bedroom 3 | Upper |
| Primary Bedroom | Main |
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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 | $380,000 | $380,000 | $380,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.615% | 5.952% |
| Monthly Tax Payment | $510 | $510 | $510 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,309 | $2,399 | $3,156 |
| Total Monthly Payment | $2,894 | $2,984 | $3,741 |
* 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.