Welcome to your potential new home in the heart of Middletown, Connecticut! This charming one-bedroom, one-bathroom condo has 755 square feet of comfortable living space, perfect for those seeking a cozy retreat or an excellent investment opportunity. Nestled in a vibrant neighborhood, this property boasts an enviable location with a plethora of amenities right at your doorstep. Take a leisurely stroll to Harbor Park, where you can enjoy picturesque views of the Connecticut River or partake in various recreational activities. For those who appreciate the convenience of public transportation, the Downtown Terminal is just a short walk away, making commuting a breeze. Fitness enthusiasts will appreciate the on-site gym, allowing you to maintain your workout routine without leaving the comfort of your home. After a satisfying workout, cool off in the refreshing community pool, perfect for those hot summer days. The condo's prime location has endless possibilities for entertainment and dining. Explore the nearby shopping plazas, indulge in diverse culinary experiences at local restaurants, or immerse yourself in the vibrant entertainment scene. For those considering rental income, this property presents an excellent opportunity. Its desirable location and attractive amenities make it a sought-after option for potential tenants. HEAT, HOT WATER AND AC included in your HOA! Join us for a viewing on Sunday, September 22nd 1pm-3pm. Your next chapter awaits!
Type | Description | Level |
---|---|---|
Dining Room | Main | |
Living Room | Balcony/Deck | Main |
Primary Bedroom | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $116,000 | $116,000 | $116,000 |
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 | $218 | $218 | $218 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $782 | $771 | $978 |
Total Monthly Payment | $1,075 | $1,064 | $1,271 |
* 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.