551 Woodward Ave located near LightHouse Point Park, Morris Cove & East Shore Park close to LIS with biking & hiking trails. Minutes to downtown New Haven-Home of the Pizza Capital of the country & world famous Yale University & Hospital. Nearby access to NYC via the train station, close to I95/I91 & Tweed New Haven airport. This is a Move-In condition home with a 1000 sqft addition added in 1990 - steps away in the backyard a custom built detached 3-car garage There is room for car & boat storage, business & office space or more living space with potential rental income. The exterior showcases the welcoming front porch, stone patio & several perennial gardens. Inside reflects the architectural details of vintage woodwork, moldings, hardware & wood floors with many updates added. An extra large kitchen with pantry, half-bath & work space open to the dining area. There is a two-story foyer & living room with wood burning fireplace. The lower level is heated with full bath & finished room. Upstairs the primary bedroom suite is spacious with a walk-in closet, full bath & laundry area. Two additional bedrooms and a full bath plus attic storage space complete the 2nd floor. There are 5-heating zones making this home energy efficient. This home shows pride of ownership inside & out. Attention business owners, contractors & car enthusiasts-work out of your own detached (30x24) 3-car garage (10ft ceiling height) with a 2nd floor loft (8ft ceilings) & off street parking for 6-7 cars
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | 10.1 x 9.3 | Upper | |
Bedroom 2 | 10.2 x 7.8 | Upper | |
Dining Room | 13.3 x 10.3 | Main | |
Eat-In Kitchen | Breakfast Bar,Pantry | 11.8 x 15.1 | Main |
Living Room | Fireplace | 10.1 x 20.4 | Main |
Other | Palladian Window(s),Book Shelves,Gas Log Fireplace | 10.6 x 15.0 | Main |
Other | Full Bath | 14.1 x 9.1 | Lower |
Primary BR Suite | Bedroom Suite,Full Bath,Walk-In Closet,Wall/Wall Carpet | 11.9 x 17.2 | Upper |
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Frank.Kolb@raveis.com
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 | $351,920 | $351,920 | $351,920 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $571 | $571 | $571 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,341 | $2,339 | $2,968 |
Total Monthly Payment | $2,987 | $2,985 | $3,614 |
* 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.