Discover cozy living in the heart of Fairfield's desirable Stratfield neighborhood with this charming condo. Gleaming hardwood floors run throughout, infusing the space with character and warmth, while the layout invites you to make it your own. Large windows flood the condo with abundant natural light, creating a bright and welcoming atmosphere. Conveniently located just steps away, the semi-privately owned washer and dryer are shared among only four units in the building, adding to the ease of living. The Strathmoor condo complex enhances your lifestyle with its inviting in-ground pool and a tranquil courtyard, creating a sense of community and relaxation. Plus, the HOA takes care of all utilities except for electric, offering ease and simplicity. Stratfield, known for its family-friendly atmosphere, walkable streets, and strong community spirit is located just 6 minutes from Sacred Heart University and under 10 minutes to the nearest train station, making this location ideal for commuters and students alike. Step outside, and you'll be within walking distance of restaurants, cozy coffee shops, and local stores. For outdoor enthusiasts, a picturesque park with a baseball field and serene pond is right next door-perfect for soaking in the beauty of nature. Don't miss this opportunity to enjoy a low-maintenance, amenity-rich lifestyle in one of Fairfield's most charming neighborhoods!
Type | Description | Level |
---|---|---|
Dining Room | Combination Liv/Din Rm,Hardwood Floor | Main |
Living Room | Combination Liv/Din Rm,Hardwood Floor | Main |
Primary Bedroom | Hardwood Floor | 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 | $196,000 | $196,000 | $196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $241 | $241 | $241 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,304 | $1,320 | $1,681 |
Total Monthly Payment | $1,620 | $1,636 | $1,997 |
* 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.