***Multiple Offers*** Submit Highest and Best*** Rare Find! Legal 3 Family in an amazing Stratford location. Incredible opportunity to own a modern, sleek, and up to date multi-family dwelling (in a highly sought after neighborhood). Boasting pride of ownership throughout. . . You'll love the hardwood floors, granite countertops, stainless steel appliances, newer windows, and gas heat. Light, bright, and free flowing. . . this home is the perfect investment for an owner occupant (or seasoned investor). Centrally located near the Barnum Avenue corridor. . . you'll be in close proximity to schools, shopping, entertainment, and restaurant. Less than 5 minutes to Downtown Stratford, I-95, and the Stratford Train Station. Walk to bus lines, basketball courts, playgrounds, and picknick areas. Additional amenities include outdoor balconies, a cozy backyard, detached garage, and full basement. Amazing long-term tenants in place who would like to stay. Separate utilities for each floor. Coin operated laundry in basement for added income. Low property taxes! Don't let this one pass you by. Inquire today!
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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 | $503,920 | $503,920 | $503,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $621 | $621 | $621 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,353 | $3,349 | $4,321 |
Total Monthly Payment | $4,066 | $4,062 | $5,034 |
* 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.