10percent CAP NO HOA Investment Opportunity: This home offers a unique opportunity to generate rental income. Easily convert it into a 2-bedroom, 1-bathroom home with a separate studio suite (complete with a private entrance) or two 1-bedroom, 1-bathroom units, each with its own kitchen and living room. . ***Turnkey Fully Renovated Centrally Located Home *** This beautifully renovated 3-bedroom, 2-bathroom home offers the perfect blend of comfort and potential. Situated in a prime central location, this property features a brand-new roof, A/C, and water heater, ensuring peace of mind for years to come. The interior has been completely updated with a stunning new kitchen, boasting quartz countertops, stainless steel appliances, and modern finishes. The bathrooms have also been tastefully remodeled to match the contemporary style. Enjoy the freedom and flexibility of owning a home without the restrictions of an HOA. The property's central location provides easy access to schools, shopping, dining, and major transportation routes. Don't miss out on this incredible opportunity! Schedule your private tour today.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $286,400 | $286,400 | $286,400 |
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 | $61 | $61 | $61 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,905 | $1,904 | $2,415 |
Total Monthly Payment | $2,041 | $2,040 | $2,551 |
* 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.