OPPORTUNITY KNOCKS! Rent w/option to purchase! 100% monthly rent towards down payment. Welcome to The Sumnore, a luxurious mixed-use suite nestled in the vibrant heart of downtown Stamford. This exquisite top-floor end unit has undergone a complete renovation, culminating in its stunning transformation in 2024. Step into the brand-new kitchen, featuring bespoke white cabinetry, a spacious breakfast bar, and state-of-the-art Stainless-Steel appliances, including a new washer and dryer. The bright and airy entrance is a welcoming space, highlighted by a charming wood-burning fireplace flanked by floor-to-ceiling custom built-ins that bathe this large space in natural light. Every corner of the unit has been meticulously attended to, from the freshly painted walls to the newly refinished hardwood flooring, new windows, new bathroom, high-end finishes and fixtures throughout. This unit is truly turnkey, offering a seamless transition for its new owners. As a bonus, zoning allows residential/commercial. Enjoy the convenience of living/working just moments away from the bustling town center, with an array of shops, restaurants, parks, public transportation, and the Metro North station within easy reach. Low taxes & common fees! Experience the epitome of modern urban living at The Sumnore.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$499,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $395 | $395 | $395 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,661 | $2,658 | $3,429 |
Total Monthly Payment | $3,131 | $3,128 | $3,899 |
* 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.