Presented byBarbara E. Coyle |
Tranquil Home Meets Investment Opportunity! Nestled in the serene neighborhood of Woodbridge, CT, this charming newly renovated 2-bedroom ranch cottage offers a private retreat and a profitable investment opportunity. Currently utilized as a successful short-term rental property, it promises steady income for savvy investors. When entering cottage you are welcomed into a large living room which includes a wood burning fireplace and built in bookcase shelving for storage. Continuing through home you'll find a cozy kitchen that includes an eating and gathering nook for enjoying meals. Off the kitchen are two bedrooms and a full bathroom. The exterior boasts a spacious front yard and features a sizable two-car detached garage, providing ample storage and convenience. Just a leisurely 2-minute stroll away lies a peaceful park, perfect for relaxation and outdoor activities. Conveniently situated near Connecticut's renowned landmarks, including Yale University and Downtown New Haven, this property offers easy access to museums, beaches, and various attractions. Its proximity to major routes such as i95, Merritt Parkway, Rt 1, and nearby train stations ensures effortless travel and connectivity. Experience the tranquility of Woodbridge living coupled with the excitement of nearby amenities-this cottage embodies both comfort and convenience in one desirable package.
Type | Level |
---|---|
Bedroom 1 | Main |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Main |
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Sales Associate
William Raveis Real Estate
Phone: 860.685.1670
Barbara.Coyle@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $223,920 | $223,920 | $223,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $446 | $446 | $446 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,547 | $1,488 | $1,920 |
Total Monthly Payment | $2,068 | $2,009 | $2,441 |
* 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.