OPEN HOUSE SUNDAY, SEPTEMBER 15th from 11: 00 AM to 1: 00 PM. 2 UNIT MULTI-FAMILY HOME. A wonderful opportunity awaits for the new owner! This recently updated 2 family home, each with 2 bedrooms and bath also come with a washer and drier in each unit. Located directly across from Mast Landing boat launch and the Cotton Valley Rail Trail, make it convenient for you or your tenants to walk into town. You may also launch a boat, kayak or canoe from Mast Landing and enjoy what Crescent and Lake Wentworth have to offer. To top it off, the seller will have entire exterior freshly painted. Don't miss this chance to purchase this wonderful investment property, or. . . rent one unit and live in the other.
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$449,000
William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $359,200 | $359,200 | $359,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $383 | $383 | $383 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,183 | $2,183 | $2,839 |
Total Monthly Payment | $2,641 | $2,641 | $3,297 |
* 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.