Step into this charming Raised Ranch, perfectly positioned in Woodmont's sought-after neighborhood, mere blocks from the sea wall and beach! The main living level features an open concept living room and dining room, complete with hardwood flooring under carpet, a welcoming fireplace, and plentiful natural light. The eat-in kitchen provides direct access to the deck and yard for effortless entertaining. The main level comprises three bedrooms, including a primary suite with half bath, and a full hallway bath. The finished lower level with two large rooms provides ample space for relaxation and multipurpose use. This well maintained home includes updates to roof, windows, AC and new furnace. Ideally situated, this prime location provides easy access to local schools, shopping centers, dining establishments, downtown green areas with community events, and the Milford Metro-North train station, connecting you to New Haven and New York City. Discover your coastal haven!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
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 | $359,920 | $359,920 | $359,920 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $595 | $595 | $595 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,392 | $3,035 |
Total Monthly Payment | $3,065 | $3,062 | $3,705 |
* 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.