Once in a lifetime opportunity for the savvy investor! Pristine 4 family property with an additional vacant parcel of land, possible to construct up to a 3-family home. This well cared for, beautifully conditioned home has always been family occupied, never rented. The right side (81 P) consists of each unit; large rear bedroom, utility area with double closets, large country sized kitchen w/ pantry and laundry hook up, huge formal dining room, large front living room with access to enclosed front porch. The left side (83 P) consists of each unit; two large rear bedrooms, utility area with double closets, large country sized kitchen w/ pantry and laundry hookups, huge formal dining room with a wall of closets, large front living room with access to enclosed front porch. This custom built home comes with yesteryears natural woodwork, box cut hardwood floors, AND GET THIS ALL THERMO WINDOWS THROUGHOUT, ROOF IS WITHIN 90 DAYS NEW, DEATCHED 4 CAR GARAGE, ALL SEPRATE ELECTRIC, HOT WATER HEATERS, AND BOILERS. The basement is finished with a huge family summer kitchen area, laundry AND multiple separate large storage areas. Located close to City Point area, blocks to Yale New Haven hospital, Smilow cancer center, and hundreds of medical offices. Short ride to the Long Wharf waterfront area, 5 minutes to lively downtown New Haven theater district and award-winning restaurants. This truly is an unbelievable opportunity for an owner occupant or the well-informed investor.
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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 | $544,000 | $544,000 | $544,000 |
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 | $953 | $953 | $953 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,619 | $3,616 | $4,588 |
Total Monthly Payment | $4,664 | $4,661 | $5,633 |
* 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.