Presented byLori Elkins Ferber |
HUGE Price reduction of 39K for CASH buyers only. Back on the market no fault of the unit. This spacious one bedroom loft located in the charming Lofts on Lafayette is the perfect fusion of modern warmth with investment options. The open layout, 10 ft ceilings, stainless steel appliances, exposed brick/air ducts, & the original hardwood floors offer a welcoming place to enjoy as your personal retreat or a great vehicle for rental income. This 1 bedroom unit is larger than most in this complex, so rooms are more spacious. It is light-filled and the layout is open and versatile. The kitchen is turnkey and offers all of the amenities that one would normally find in a much larger home! It is perfectly sited adjacent to the living room and creates an ideal layout for daily living and entertaining. The living rm provides a lovely, sunny area to watch television or read a book. The large bedroom has plenty of room for a King sized bed as well as additional furniture. The full bath is pristine and also houses a newer washer & dryer. The location can't be beat-and is exceptionally walkable. Situated near the University of Bridgeport, Seaside Park, Metro North/Amtrak station, the new Hartford Healthcare Ampitheater/Arena, and vibrant downtown Bridgeport's restaurant, comedy clubs, & bars. Hop on the nearby Port Jefferson Ferry for easy access to fun-filled Long Island outings. Perfect for an owner occupant, or great for investors! Seller requests cash offers only. New hotwater t
Type | Description | Level |
---|---|---|
Full Bath | Tub w/Shower,Hardwood Floor | Main |
Kitchen | 9 ft+ Ceilings,Hardwood Floor | Main |
Living Room | 9 ft+ Ceilings,Hardwood Floor | Main |
Primary Bedroom | 9 ft+ Ceilings,Beams,Ceiling Fan,Hardwood Floor | Main |
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William Raveis Mortgage, LLC
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $104,000 | $104,000 | $104,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $172 | $172 | $172 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $692 | $691 | $877 |
Total Monthly Payment | $939 | $938 | $1,124 |
* 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.