Discover a piece of Milford's coastal history in this charming colonial, one of the first beach houses in the coveted Fort Trumbull neighborhood. This vintage gem, while in need of some tender loving care, a unique opportunity to own a slice of yesteryear with exciting potential for the future. Step inside and be transported to a former era, where original pine floors and tin ceilings in the kitchen and bathroom whisper tales of times past. The home's classic layout features four bedrooms and two bathrooms, providing ample space for family living or hosting seaside gatherings. For those with a vision, the walk-up attic presents tantalizing possibilities for expansion. Imagine transforming this space into a cozy retreat or additional living area, capitalizing on the home's 1, 385 square feet of interior space. The deep lot also provides room for outdoor creativity, perfect for gardening enthusiasts or those dreaming of a backyard oasis. Location is key, and this property doesn't disappoint. A mere five-minute stroll will find you with sand between your toes at the nearby beach, while downtown Milford's charming amenities are just minutes away. Enjoy the best of both worlds - seaside tranquility and urban convenience. For the truly ambitious, this property presents an opportunity to start from scratch. With the potential for a complete rebuild, you could create your dream home in this highly desirable neighborhood. Whether you're looking to restore a piece of history or build a new, this Fort Trumbull colonial provides a canvas for your imagination. Don't miss this chance to be part of Milford's storied coastal community. Remember, this property is being sold "AS-IS" - a diamond in the rough waiting for your personal touch!
Type | Description | Level |
---|---|---|
Bedroom 1 | Hardwood Floor | Upper |
Bedroom 2 | Hardwood Floor | Upper |
Bedroom 3 | Hardwood Floor | Upper |
Dining Room | Vinyl Floor | Main |
Kitchen | Vinyl Floor | Main |
Living Room | Vinyl Floor | Main |
Primary Bedroom | Hardwood Floor | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $339,920 | $339,920 | $339,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $618 | $618 | $618 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,290 | $2,259 | $2,867 |
Total Monthly Payment | $2,983 | $2,952 | $3,560 |
* 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.