Welcome to 25 Deforest Avenue, a beautifully updated multi-family home in the heart of Bridgeport. This move-in-ready property boasts numerous modern upgrades, including a new roof, replacement windows on the second floor, and fully remodeled bathrooms and kitchens in both apartments. The house features three large bedrooms on each floor and a detached two-car garage. The second floor has been completely renovated down to the studs and includes a large finished walk-up attic with its own heating system. Located close to Metro-North and just 2 minutes from I-95, this home offers convenient access to public transportation and major highways. Each unit has its own new heating system and hot water tank, ensuring comfort and efficiency. With a current rent roll of $57, 600 per year, this property is a fantastic investment opportunity or an ideal option for owner-occupiers looking to rent out one unit. Don't miss out on this exceptional opportunity in Bridgeport!
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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 | $343,999 | $343,999 | $343,999 |
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 | $505 | $505 | $505 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,289 | $2,286 | $2,901 |
Total Monthly Payment | $2,869 | $2,866 | $3,481 |
* 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.