Presented byKimberly Maulucci |
Madison, CT Rare opportunity to own this One Bedroom Ranch Style Condo. This Second-floor end-unit offers a large, bright, sunny living room and a spacious eat-in kitchen. Generous bedroom with two closets. Full bath with tub/shower. Lovely trex deck overlooking an expansive yard. Additional notables: In-unit washer/dryer new energy-efficient windows placed in 2023, newer water heater, and attic storage. You will love the tranquil setting located just outside downtown where fine dining and quaint shops can be found-easy access to the beach, highway, or railroad station. No age restrictions and Small pets are allowed. This well-maintained condominium keeps your chores to a minimum and offers low HOA fees.
Type | Description | Level |
---|---|---|
Kitchen | Dining Area,Eating Space,Laundry Hookup,Vinyl Floor | Main |
Living Room | Engineered Wood Floor | Main |
Primary Bedroom | Engineered Wood Floor | Main |
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$250,000
Sales Associate
William Raveis Real Estate
Phone: 860.214.6884
Kimberly.Maulucci@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $239 | $239 | $239 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,314 | $1,687 |
Total Monthly Payment | $1,645 | $1,628 | $2,001 |
* 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.