Welcome to 3604 Willet Ave - an exceptional investment opportunity in the heart of investor-friendly territory! This newly renovated multi-family property offers the perfect blend of modern comfort and lucrative potential. With 6 bedrooms and 3 baths spread across its spacious layout, this property is designed to attract tenants seeking both convenience and style. This property is a gem for investors, boasting full occupancy with reliable tenants already in place. Start earning returns from day one without the hassle of searching for occupants. Newly Renovated: Enjoy the peace of mind that comes with recent renovations. From updated interiors to refreshed amenities, this property shines with contemporary appeal, attracting tenants who appreciate quality. With multiple units, this property diversifies your investment portfolio, spreading risk and increasing potential income streams. Whether you're looking for long-term renters or short-term leases, the flexibility of this multi-family setup caters to various investment strategies. 6 Bedrooms, 3 Baths. Generously sized living spaces ensure comfortable accommodation for tenants. The ample bathrooms add convenience, enhancing the overall appeal of each unit. Nestled in a sought-after area, this property benefits from proximity to essential amenities, including schools, shopping centers, and transportation hubs. Investors can capitalize on the allure of this location to attract quality tenants and maximize rental income.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $582 | $582 | $582 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,290 | $4,728 | $6,583 |
Total Monthly Payment | $4,964 | $5,402 | $7,257 |
* 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.