Welcome to Meeting House Commons! This is a tremendous and rare opportunity to own a 5-unit complex in very desirable area Tarrifville/Simsbury. The two-unit building has a lower and an upper unit, both with 2BR's/1BA. Other features include double pane replacement windows, separate oil heat, 5 closets and a walk in, skylights, ceiling fans, laundry hook ups and basement storage. The three-unit building are large 1BR/2BA side by side townhouses with front decks, private rear patios and finished lower levels. This building features double pane replacement windows, heat pump forced air and air conditioning, electric hot water heater, full size appliances, two large closets and a walk in, skylights, ceiling fans and laundry hooks ups. Both buildings have newer asphalt roofs, less than 10yr. old. Private parking lot to accommodate 10-12 vehicles, plenty of off-street parking. Restaurants and elementary school w/ walking and sports fields within walking distance. 15 minutes to Bradley Airport. Upside on rents given the quality/size/amenities offered on this portfolio.
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$780,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $624,000 | $624,000 | $624,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $1,392 | $1,392 | $1,392 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,151 | $4,147 | $5,262 |
Total Monthly Payment | $5,635 | $5,631 | $6,746 |
* 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.