Presenting an exceptional opportunity to acquire a stunning multi-family residence in the heart of the desirable Westville neighborhood at 1955 Chapel St, New Haven, CT. This remarkable property is ideally situated on a corner lot, just a stone's throw from Yale University and the historic Yale Bowl, immersing you in a vibrant community atmosphere. Spanning an impressive 6, 555 square feet+, this expansive home features two side-by-side units with 18+ rooms, offering ample space for comfortable living. The units encompass three spacious floors each, showcasing 7+ bedrooms and 5 full bathrooms, making it perfect for multi-generational living or as an investment opportunity. Previously utilized as a co-living space, the unique layout prioritizes both comfort and privacy, creating an inviting environment for families or groups. The property boasts grand architectural details, seamless flow from room to room, and charming central fireplaces. Beautiful hardwood floors and exquisite built-ins enhance the character of each unit, while tall windows bathe the interiors in natural light, creating delightful retreats for residents. With its prime location near Yale and Southern Connecticut State University, coupled with easy access to Routes 34, 15, and 95, this multi-family home presents a unique investment opportunity for discerning buyers. Don't miss your chance to explore the endless possibilities that await in this exceptional property.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $639,920 | $639,920 | $639,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $1,352 | $1,352 | $1,352 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,257 | $4,253 | $5,397 |
Total Monthly Payment | $5,701 | $5,697 | $6,841 |
* 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.