**Brockton Is Still Hot!** Presenting a rare opportunity to own a spacious seven-bedroom, two-family home! Perfect for homeowners seeking a place to live while generating rental income, this property provides endless possibilities. With newer heating systems and a roof that's less than two years old, the essential updates are in place. While the home may require some cosmetic enhancements, it’s a fantastic canvas for those ready to invest in sweat equity. Having been a beloved family residence for over a decade, this house is steeped in warmth and memories. Conveniently located near shops, restaurants, public transportation, and highways, it’s ideally situated for easy living. The extended driveway has hosted many joyful gatherings, making it a perfect spot for family and friends. This property will be delivered vacant at closing, ensuring a smooth transition for the new owner. Please note that it is being sold as-is and is not suitable for FHA financing. Sat 12-2pm open house 11/2/24
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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 | $576,800 | $576,800 | $576,800 |
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 | $614 | $614 | $614 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,935 | $3,834 | $4,864 |
Total Monthly Payment | $4,641 | $4,540 | $5,570 |
* 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.