|
Welcome to 59 Fairfield Ave, a prime two-family home located in one of Stamford's most convenient and vibrant neighborhoods! This well-maintained property offers incredible flexibility and income potential. The first unit features 3 spacious bedrooms and 2 full bathrooms, while the second unit, spread across the second and third floors, boasts 4 generously sized bedrooms and 3 full baths-perfect for extended families or strong rental returns. Situated just minutes from downtown Stamford, residents enjoy easy access to top-rated restaurants, shopping, entertainment, and the Metro-North train station-ideal for commuters to NYC. You're also close to Stamford Hospital, UConn Stamford, and several beautiful parks and beaches along the Long Island Sound. With strong rental demand and nearby communities, 59 Fairfield Ave offers the perfect blend of suburban comfort and urban convenience. Whether you're looking to invest or live in one unit while renting the other, this is a rare opportunity you won't want to miss! although in good condition, this is an "as is" sale.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$949,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,920 | $759,920 | $759,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $784 | $784 | $784 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,315 | $4,866 | $6,464 |
Total Monthly Payment | $5,191 | $5,742 | $7,340 |
* 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.