This is an excellent opportunity to own a viable property, that can accommodate your business, or as an entrepreneurial venture at a very fair market price. The frontage is approximately 200', though not confirmed precisely. All kinds of power is already in it, 3 phase, 220/480 volts + single phase 110-220. Please realize the cost for such an electrical install should it be necessary to place into any property. It is a B2 zoning, commercial, multi-use + the owner's residence is across the street, and it too is zoned equally commercially. The residence property can be purchased separately after this Rte 32 property is sold. Do "Show Request". Hurry, this property is in demand and is priced to sell. The owner insists on participating in all viewings - there is no lockbox, and we require 4 hours advance notice for all showings. THERE IS NO FULL BATH ON THE PROPERTY, ONLY ONE HALF-BATH.
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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 | $560,000 | $560,000 | $560,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $391 | $391 | $391 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,726 | $3,722 | $4,723 |
Total Monthly Payment | $4,209 | $4,205 | $5,206 |
* 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.