Presented byTeam AFA - Southport |
Welcome to 399 Adley Road in the Lake Mohegan area of Fairfield! Loved by the current family for almost 60 years, this treasure of a home is located on a quiet Cul de Sac. With 3 bedrooms, 1 full and 1 half baths on just shy of a full half acre of property - this home has gas hot air and central air conditioning. The lower level has so much to offer with a 2nd kitchen (summer kitchen), family room with wood burning insert fireplace, home office area and access to a peaceful screened porch. Do you love to garden? Plenty of bountiful garden space is located behind the 2 car garage with seasonal gardening inside the greenhouse. This sun filled ranch style home has amazing vista views with gorgeous sunsets from the the kitchen sink to your relaxing evenings on the back deck. Abutting Town owned Lake Mohegan property, take full advantage of the natural surrounds to include hiking trails, swimming and ever popular splash pad. This sweet home is waiting for the next generation to make it their own as the possibilities are endless.
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.
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$589,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.256.3264
Al@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $471,200 | $471,200 | $471,200 |
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 | $742 | $742 | $742 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,135 | $3,132 | $3,974 |
Total Monthly Payment | $3,969 | $3,966 | $4,808 |
* 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.