Opportunity awaits for the new owners of 19 Sheridan Street in Malden! Located in an ideal commuter location, this 2-family home is perfect for owner occupants or investors willing to put in a little work. First floor consists of 3 spacious bedrooms, full bath, open LR/kitchen area, and an office space. Second floor unit consists of 1 bedroom, LR, kitchen, and full bath. Recent updates include roof, front stairs, composite decking, and water heaters. Each unit has its own separate utilities and heating systems. Other features include vinyl siding, large level fenced in yard, off street tandem parking, and washer and dryer hookups for both units. This property is conveniently located just minutes away from all of downtown Malden's local amenities, Malden Center T(Orange line), restaurants, entertainment, supermarkets, Rt 93, and much more. First showings are Friday at the OH from 5-6: 30 followed by OH times of 11-1pm on 11/9 and 11/10. Offers are to be submitted by Tuesday 11/12 @ noon.
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William Raveis Real Estate
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Senior Vice President - Coaching & Strategic
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 | $575,920 | $575,920 | $575,920 |
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 | $625 | $625 | $625 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,929 | $3,828 | $4,857 |
Total Monthly Payment | $4,646 | $4,545 | $5,574 |
* 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.