INCREDIBLE Investment Opportunity or Live In! Large legal 3-Fam home just completely and totally renovated! Everything is NEW! Stripped to the studs and rebuilt, all new wiring, all new plumbing, new insulation, new sheetrock, new trim and doors- it feels like a brand new home! Separate utilities in each unit: brand new energy efficient gas furnaces, gas hot water heaters, and central A/C. Very low bills! Exterior features new roof, gutters, windows, and siding. Interior features gorgeous brand new hardwood floors throughout each unit (no carpet!!), new kitchens with upgraded appliances and quartz countertops. Lots of upgrades like Crown Molding, Recessed Lights, Closet Lights, and Cable Ready. Covered front porch, fenced yard, driveway with off street parking. (Seller will remove garage structure if buyer wants to- will allow better access to backyard for parking). Nice dry basement for storage and laundry hookups (one). Great area for rental! Rents up to $2, 737 per unit for a 3 BR. Currently under construction with a completion date of approximately 30 days.
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William Raveis Real Estate
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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 | $599,920 | $599,920 | $599,920 |
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 | 7.984% | 7.146% | 6.256% |
Monthly Tax Payment | $702 | $702 | $702 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,991 | $3,987 | $5,059 |
Total Monthly Payment | $4,785 | $4,781 | $5,853 |
* 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.