This completely remodeled studio condo offers a chic and modern design, perfect for those seeking a stylish urban living space. Featuring high-quality appliances and white shaker-style cabinetry, the kitchen is both functional and visually appealing, complete with elegant stone countertops. Beautiful hardwood floors extend throughout the unit, complemented by high ceilings and an abundance of natural light that creates a warm, inviting atmosphere. The remodeled bathroom boasts exquisite tile work and high-end fixtures. This property is ideal for owner-occupants and investors alike, presenting a rare turn-key opportunity at this price point. Located less than 2 minutes from the University of Bridgeport and Seaside Park, and just a short distance to the Metro North Train station, the convenience is unmatched. The monthly common charge includes heat and hot water, adding further value to this already exceptional offering. One reserved off-street parking spot. With soaring rents in the area and interest rates starting to trend down, now is the perfect time to take the next step into homeownership or capitalize as an investor. This condo's design and finishes will exceed your expectations. Invest in the South End, invest in your future!
Type | Level |
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Studio Apt | Main |
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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 | $120,000 | $120,000 | $120,000 |
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 | $191 | $191 | $191 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $798 | $798 | $1,029 |
Total Monthly Payment | $1,064 | $1,064 | $1,295 |
* 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.