Presented bySophia Maragos |
Calling all builders and investors! This is a great opportunity for the right buyer. Located in sought after downtown Stamford, this unit has a lot of possibilities. Property needs a total rehab! Hardwood floors through out, plenty of closet space, laundry room in the lobby, elevator in building with reserved parking lot (#49). Superintendent is available and responsive. This building is investment friendly. There is a move in/out fee of $300. Assessment of $35. 80 (reg HOA is $458. 18) through 8/31/2027 for repointing brick and refi of loan. This property is being sold in AS IS CONDITION!!! Subject to third party approval!!! HIGHEST AND BEST OFFERS ARE DUE BY SATURDAY, 8/3/24 at 2: 00 pm.
Type | Description | Level |
---|---|---|
Kitchen | Main | |
Living Room | Hardwood Floor | Main |
Primary Bedroom | Hardwood Floor | Main |
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$160,000
Sales Associate
William Raveis Real Estate
Phone: 203.295.5503
Sophia.Maragos@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $128,000 | $128,000 | $128,000 |
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 | $282 | $282 | $282 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $852 | $851 | $1,098 |
Total Monthly Payment | $1,209 | $1,208 | $1,455 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.