Beautifully renovated & updated 2 bedroom unit in Black Rock Gardens Cooperative complex ideally situated in Black Rock center. Fully renovated in 2018 & 2024. New Kitchen with granite counters & stainless steel appliances. New bathroom with subway tile shower and floating glass door. New windows & refinished hardwood floors. 2nd bedroom currently opened as dining room, can easily be converted back to bedroom. Newly renovated sunroom is perfect for office or dining area and overlooks garden area. Private storage unit in basement. Two parking lots. Store your kayak or bicycle in the back lot or plant a vegetable garden in the community garden area. Walk to Fairfield Metro Train Station, Seabright beach, Ellsworth Park, tennis & pickleball courts and vibrant Black Rock center with shops, restaurants, breweries and arts including Elicit Brewery, Park City Music Hall. Enjoy the Black Rock Farmer's Market & Summer Concert Series. Several yacht clubs & social clubs just minutes away. You'll love the Black Rock seaside coastal lifestyle! * Taxes, heat, hot water, water, and sewer are included in the common charges. Owner-occupied only. Coop Board approval required*
Type | Description | Level |
---|---|---|
Bedroom 1 | Hardwood Floor | Main |
Dining Room | Hardwood Floor | Main |
Kitchen | Hardwood Floor | Main |
Living Room | 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 | $148,000 | $148,000 | $148,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,010 | $984 | $1,269 |
Total Monthly Payment | $1,085 | $1,059 | $1,344 |
* 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.