BRING YOUR VISION to this spacious, townhome style condo in the desirable Foxbridge community! Enter through the front porch to a spacious mudroom and large coat closet. This unit has an ideal layout. The main floor features a cozy living room with fireplace, dining area, kitchen and full bathroom. There are also slider doors leading to a spacious deck! Upstairs you will find the 3 bedrooms and second full bathroom. The lower level is finished, offering additional living space, storage space and walk-out slider doors to the peaceful back patio, backing up to acres of water company property. Enjoy the large in-ground community pool in the summer months! This condo is located minutes to both I-95, Route 1, Route 80 and is a short drive to Yale and the train stations to NYC and Boston. This is a great fixer-upper opportunity for an investor or first-time homebuyer looking to buy in Branford for under $300k! Branford is a highly desirable shoreline town offering public beaches, parks, locally-owned restaurants and shops and a vibrant town center where community events and festivals are hosted! Being sold AS IS. Assigned parking spaces are 96 & 92. Complex is not FHA approved.
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Bedroom 2 | Upper | |
Dining Room | Sliders | Main |
Full Bath | Tub w/Shower,Tile Floor | Upper |
Full Bath | Stall Shower | Main |
Kitchen | Skylight,Breakfast Bar,Ceiling Fan,Eating Space,Laminate Floor | Main |
Living Room | Fireplace | Main |
Primary Bedroom | Ceiling Fan,Walk-In Closet | Upper |
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NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $196,000 | $196,000 | $196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $329 | $329 | $329 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,337 | $1,303 | $1,653 |
Total Monthly Payment | $1,741 | $1,707 | $2,057 |
* 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.