Presented byLori Elkins Ferber |
Welcome to "The Beach House. " This picture perfect ocean front retreat, offers magical water views. As soon as you enter 1135 Fairfield Beach Rd, you will feel awed & invigorated. The sunlight reflects upon the water & illuminates this beautifully remodeled living space. Open a door/window & your soul will be soothed by the sounds of the waves rippling against the jetties. This home offers a yearlong vacation destination, or a wonderful opportunity for investors to rent/airbnb. Over 130K of net income potential! Enjoy the chef's kitchen w/island, quartz counters, & ss appliances. The large living rm has coffered ceilings, a fireplace, charming beams, & opens into the resplendent, 4 season sunrm which accesses the oversized patio. This open layout results in views of the Long Island Sound from the entire 1st floor! Relax on a chaise lounge or entertain on this fabulous patio with the sea wall & your own sandy beach framing the shoreline. A 1st floor office is currently used as a bedrm & has its own pristine full bathrm. Upstairs are 3 inviting bedrms & a luxurious full bathrm. The primary bedrm has bay windows which offer panoramic views of the Sound & an expansive walk in closet. There are new floors throughout the house in a light, beachy hue. An added bonus is an additional 4th parking space across the street. The fully fenced front yard offers another venue to enjoy this fantastic Fairfield Beach neighborhood. Convenient to restaurants, stores, & train
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Eat-In Kitchen | Quartz Counters,Eating Space,Island | Main |
Living Room | Beams,Fireplace,Sliders,Hardwood Floor | Main |
Office | Built-Ins,Wall/Wall Carpet | Main |
Primary Bedroom | Bay/Bow Window,Walk-In Closet | Upper |
Sun Room | Skylight,Ceiling Fan,Stone Floor | Main |
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$1,975,000
Sales Associate
William Raveis Real Estate
Phone: 203.247.0450
Lori.ElkinsFerber@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,580,000 | $1,580,000 | $1,580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.790% |
Monthly Tax Payment | $2,036 | $2,036 | $2,036 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,600 | $10,379 | $13,872 |
Total Monthly Payment | $11,761 | $12,540 | $16,033 |
* 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.