Currently operating as a Sober Living Facility & Residential Group Home, 541 Washington Avenue also holds an approval as a 15-bed boarding house, ideal for Student Housing. Fully furnished, there are 9 bedrooms, 3 full bath and 2 half baths on 3 levels with the main level offers common living room, dining room and eat-in kitchen. The finished basement space adds a 2nd living room, separate work-out room, and laundry room with 2 commercial coin-op washers and 2 gas dryers. Beautifully renovated with much care to retain the original oak trim, hardwood floors and ornate oak staircase that graces the foyer to the wrap around front covered porch is the true sign of quality found throughout. The 1st floor’s large living room has a gas fireplace, adjoined by a very large dining room that accommodates 8+ people. The eat-in kitchen has plenty of cabinets, granite counters, stainless steel appliances include refrigerator, electric double oven range & hood vent. Off the kitchen is a half bath and bedroom. The 2nd floor includes 5 bedrooms and a full bath with 2 showers and the 3rd floor has 3 bedrooms, 1 full bath and a half bath. The house has central air, gas fired tankless hot water & heat system, fire sprinkler system, new roof and security cameras. Off-street parking for up to 6 cars plus 2 car detached garage. Located within walking distance of West Haven Green, with bus stops nearby, and convenient to UNH & VA Hospital. One of the property owners is a Real Estate Licensee.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $548,000 | $548,000 | $548,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.125% | 5.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.273% | 5.278% |
Monthly Tax Payment | $819 | $819 | $819 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,464 | $3,330 | $4,334 |
Total Monthly Payment | $4,375 | $4,241 | $5,245 |
* 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.