388 Main Street, New Canaan, CT, 06840 | $729,900

Welcome to 388 Main St New Canaan! Spacious three bedroom colonial condominium unit on lovely Main Street with views of the Five Mile River from the terrace, master bedroom & lower level. The two unit condominium was enhanced by Carl Kuehner (BLT) in 1987. The complex was further developed with landscaping, a flagstone walk way, stone walls, belgium block perimeters and perennial gardens. The back of the property offers you a bright & sunny outdoor space with extra large deck for three season entertaining. Enjoy central air, and electric heat providing clean & efficient utilities. The lower level has newer hardwood floors, 9 Ft. ceilings and a large window with great views! What a location, Walk on sidewalks to town center and train station. Walk or ride to the local parks including Waveny, Kiwanis, Millpond, Mead and Bristow Sanctuary. Walk or take a quick ride to New Canaan's top rated schools: Community Preschool, South, Saxe, New Canaan High School. Great for commuters: 5 mins to the train, routes 123, 124, 7, and CT-15 Merritt Parkway. Don't miss the opportunity to make this exceptional property your own. Schedule your viewing today! Association fee covers exterior insurance, garbage, gutter cleaning, and some lawn maintenance. This is a single unit sale (left side) Unit is MOVE IN READY!

Features

  • Parking: 2-car
  • Heating: Heat Pump,Hot Air
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Laundry: Lower Level
  • Complex: Canaan Woodlands
  • Year Built: 1970
  • Common Charge: $150 Monthly
  • Above Grade Approx. Sq. Feet: 1,217
  • Below Grade Approx. Sq. Feet: 468
  • Est. Taxes: $7,376
  • Lot Desc: Corner Lot,Some Wetlands,Lightly Wooded,Treed,Water View
  • Water Front: Yes
  • Elem. School: South
  • Middle School: Saxe Middle
  • High School: New Canaan
  • Pets Allowed: Yes
  • Pet Policy: Pets Allowed
  • Appliances: Electric Cooktop,Electric Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • MLS#: 24053596
  • Days on Market: 14 days
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /raveis/24053596/388mainstreet_newcanaan_ct?source=qrflyer
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Room Information

Type DescriptionDimensionsLevel
Bedroom 1 Hardwood Floor10.0 x 13.0Upper
Bedroom 2 Hardwood Floor9.2 x 9.5Upper
Dining Room Hardwood Floor8.0 x 13.0Main
Full Bath Tile FloorUpper
Half Bath Tile FloorMain
Kitchen Hardwood Floor7.0 x 13.0Main
Living Room Hardwood Floor17.0 x 13.0Main
Primary Bedroom Hardwood Floor13.0 x 13.0Upper

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Scott PalmaSales Associate

203.293.9389

Scott.Palma@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Christine PrestonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 90874

203.521.7207

Christine.Preston@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance

203.561.0013

Rosemarie.DePasquale@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

388 Main Street, New Canaan, CT, 06840

$729,900

Scott Palma

Sales Associate

William Raveis Real Estate

Phone: 203.293.9389

Scott.Palma@Raveis.com

Christine Preston

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.521.7207

Christine.Preston@raveis.com

NMLS Mortgage Loan Originator ID 90874

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $583,920 $583,920 $583,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $615 $615 $615
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,885 $3,881 $4,924
Total Monthly Payment $4,592 $4,588 $5,631

* 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.