ATTENTION INVESTORS! Discover the potential of this Cape Cod-style home in Bridgeport's highly sought-after North End. Offering 3 bedrooms, 1 bathroom, and an unfinished attic with room for expansion into a fourth bedroom. This property is ideal for buyers with a vision. The breezeway leads to a spacious deck and covered porch, while the fully fenced yard and level lot add to its appeal. Conveniently located near major highways, shopping, and Sacred Heart University, this home is perfect for rentals or as a rewarding flip project. Includes newly installed water heater and furnace about a year old. The interior needs significant updating, and the property is being sold as-is, including all contents. Financing is limited to cash or rehab loans, as it will not meet FHA or government loan requirements. Whether you're an investor or a homeowner looking for a project, this property has endless possibilities in a fantastic location.
Type | Level |
---|---|
Bedroom 1 | Main |
Bedroom 2 | Upper |
Eat-In Kitchen | Main |
Full Bath | Main |
Living Room | Main |
Primary Bedroom | 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 | $252,000 | $252,000 | $252,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $586 | $586 | $586 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,655 | $1,675 | $2,125 |
Total Monthly Payment | $2,316 | $2,336 | $2,786 |
* 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.