N Amherst 3 family presents an attractive opportunity for investors seeking a well-located residence. Situated on a spacious . 35 acre lot, this property offers ample outdoor space, which is particularly appealing given its proximity to local recreational areas such as Puffer's Pond & Mill River Recreation. The home’s strategic location along a bus route enhances accessibility, making it convenient for residents to commute to area schools & walk to nearby Mill District shopping center. Additionally, the property is well-equipped w/separate utilities for each unit. The inclusion of a deck & off-street parking further enhances the property's appeal. Detached 2 car garage and garden shed a plus. The central location of the property ensures easy access to major routes, making it an ideal choice for those looking to balance the tranquility of suburban living w/ the convenience of urban amenities. Well-maintained, it's an A+ in todays marketplace.
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William Raveis Mortgage, LLC
Phone: 860.604.0905
JohnCarlos.Machado@raveis.com
NMLS Mortgage Loan Originator ID 2064879
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $532,000 | $532,000 | $532,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $715 | $715 | $715 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,629 | $3,536 | $4,486 |
Total Monthly Payment | $4,436 | $4,343 | $5,293 |
* 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.