Seller Financing Available! Opportunity to purchase these two contiguous first-floor office condos at the desirable Conifer Hill Executive Condominium Office Park in Danvers, just off I-95 on US Route 1. These immaculate Class B office suites are 2, 343sf with five private offices, a conference room, and a large open reception area, serviced by heat pumps, are 100% air-conditioned, two restrooms, a kitchenette, and have four assigned parking spaces in front of the building, with additional open spaces available. These suites can be combined with suite 509, affording you 3, 511sf of beautiful office space. Conifer Hill is professionally managed, and condominium documents are available upon request. Conifer Hill is close to many restaurants, businesses, retail, and Routes 95, 62, 128, and 1. Attractive Seller financing is available to a qualified buyer with 30% down, offering attractive terms and a fast, hassle-free closing. Buyer should perform due diligence
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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 | $384,000 | $384,000 | $384,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $568 | $568 | $568 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,620 | $2,552 | $3,266 |
Total Monthly Payment | $3,263 | $3,195 | $3,909 |
* 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.