Presented byJohn T. Shea |
A Ferrari Pininfarina Sergio, a Patek Philippe Sky Moon Tourbillion, 372 Rowland Road, Fairfield (the Beach Area) all very unique, very rare and all valued at or about 3 million dollars. PLEASE REFER TO ENCLOSED VIDEO. This remarkable property has never been on the market and is ideally located within a short walk between Fairfield town center and Rowland Road's private beach, Penfield Beach is just steps away. Other nearby/walk to amenities include the train station, town hall, library, shopping, many excellent restaurants, the town marina, several beaches and Roger Sherman School (walk your children to school). This parcel (1. 17 acres), with a fantastic southwestern exposure, is the largest parcel that can be fully developed south of the Old Post Road. This parcel would have a formal, private gated entrance and would support a 7, 000 + square foot home with a 4 car garage, pool, pool house, tennis/pickleball court or a party barn/work shop with formal office/studio. Homes in the Beach Area, one of, if not the most desirable neighborhoods in town, have sold between 2. 5-3 million dollars, with 4000 square feet on a quarter acre of land with many restrictions as to what can be built. All information should be verified by buyer. All showings by appointment. Do not attempt to walk property without the agent , two large dogs on premises. A very rare and wonderful opportunity to design and build a family compound !!!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,320,000 | $2,320,000 | $2,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,173 | $14,474 | $19,421 |
Total Monthly Payment | $13,298 | $14,599 | $19,546 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.