Have you been wanting to house hack or get into the Airbnb business? This renovated home in Avondale on this charming 1920 pool home on DOUBLE LOT plus 3 car detached garage WITH an ADU 600 sq ft one bedroom apartment mother in law suite separated by tall fence.
$3, 600 main house (lease expires August)
$1, 775/mo ADU (6 months remaining)
ALL New Flooring, electric panel, lighting, cabinets, solid surface counters, all new baths, S S appliances, new a/c units, new ROOF, new Trek decking, newly painted inside and out. CHARMING two bedrooms in main house plus office, living room, dining room and all glass family room overlooking private pool. Upgraded kitchen with farm sink , new 1/2 bath. and an Inside laundry. New Trek deck overlooking pool makes a great retreat. .
Home is in Historic District. Apartment has it's own electric meter and address 3852 Walsh St so makes a great rental income producing property or VRBO. Apartment has full kitchen- all ne
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William Raveis Mortgage, LLC
Phone: 917.838.7300
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
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 | $787 | $787 | $787 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,630 |
Total Monthly Payment | $4,472 | $4,468 | $5,509 |
* 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.