This versatile property is perfectly suited for various needs. It functions as a true two-unit home with independent entrances for each unit, making it ideal for different living arrangements or investment opportunities. Unit 1 is the larger of the two and spans two levels. It features an updated kitchen with a blend of Marble and Butcher Block countertops, a Farm Sink, Stain Pine Board accents, and White Subway Tile Backsplash. The kitchen also includes a Breakfast Bar/Island for added convenience. The Living Room has been modernized with new carpeting and a Built-in Electric Fireplace, creating a cozy and contemporary atmosphere. Unit 2 is a ground-level unit with 1 bedroom and 1 bathroom, covering 672 sq ft. It also boasts an updated kitchen and new flooring, ensuring a fresh and inviting space. Whether you're an extended family seeking proximity with a touch of privacy, a buyer aiming to supplement your mortgage payments with rental income, or an investor looking for a turnkey property with positive cash flow potential, this property has you covered.
Type | Description | Level |
---|---|---|
Bedroom 1 | Lower | |
Dining Room | Remodeled,Wide Board Floor | Main |
Full Bath | Remodeled,Stall Shower,Walk-In Closet | Upper |
Full Bath | Lower | |
Kitchen | Remodeled,Breakfast Bar,Granite Counters,Eating Space,Island,Wide Board Floor | Main |
Living Room | Remodeled,Fireplace,Wall/Wall Carpet | Main |
Primary Bedroom | Remodeled,Ceiling Fan,Laminate Floor | Upper |
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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 | $199,920 | $199,920 | $199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $333 | $333 | $333 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,330 | $1,313 | $1,686 |
Total Monthly Payment | $1,738 | $1,721 | $2,094 |
* 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.