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A Point Beach Gem - Cover Your Expenses and Own This Amazing Beach Property. Currently used as a VRBO with impressive numbers! This cozy 3 bed 1. 5 bath home in one of the nicest beach areas in Milford. This house is 6 back from the water. There are water views in both the bedroom & enclosed 3 season front porch. This home has been very well kept. This home features newer vinyl flooring, a large kitchen with new stainless appliances, shaker style cabinets , laundry, quartz counter tops and glass subway tile back splash. A bright dining area and living room that leads to the 3 season porch with ventless gas fireplace. The 2nd floor consists of three bedrooms and a full bath with heated floors. The home has a newer roof, vinyl windows, and vinyl siding. Upstairs is gas forced hot air, down stairs is baseboard, powered by a high efficiency Navien. The yard is a nice manageable size with a storage shed and beach bar.
Type | Level |
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Bedroom 1 | Upper |
Bedroom 2 | Upper |
Living Room | Main |
Primary Bedroom | Upper |
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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 | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $483 | $483 | $483 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,922 | $2,919 | $3,766 |
Total Monthly Payment | $3,496 | $3,493 | $4,340 |
* 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.