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Coastal Charm at 115 Short Beach Road, Unit 109 - A Stratford, CT Condo for Sale. Discover the allure of beachfront living in the desirable Lordship neighborhood with this updated 1-bedroom condominium at 115 Short Beach Road. This 604 sqft corner unit, perfect for investors, downsizers, and first-time buyers, offers a tranquil coastal lifestyle complemented by modern conveniences. Recently refreshed with a new coat of paint, modern appliances, elegant granite countertops, and sleek flooring, this move-in-ready unit features a private balcony. The front lobby fob entry ensures secure access, while the laundry and storage area add practicality to this charming home. Situated directly opposite Short Beach Park, embrace the beauty of coastal recreation with the Stratford Bikeway, beach picnics, and a variety of sports including basketball, softball, paddleball, tennis, volleyball, wind surfing, and kite surfing just moments away. This condo's prime location boasts easy access to Metro North and I-95, making it an ideal choice for commuters or those seeking a weekend escape. Embrace the opportunity to live in a community where convenience meets the serenity of seaside life.
Type | Dimensions | Level |
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Kitchen | 7.0 x 9.0 | Main |
Living Room | 11.0 x 25.0 | Main |
Primary Bedroom | 11.0 x 12.0 | 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 |
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---|---|---|---|
Loan Amount | $175,200 | $175,200 | $175,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $235 | $235 | $235 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,093 | $1,151 | $1,467 |
Total Monthly Payment | $1,403 | $1,461 | $1,777 |
* 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.