Prime Commercial Property with Multi-Use Buildings and Ample Land! An incredible opportunity awaits with this versatile commercial property, featuring two buildings on a generous 17, 500-square-foot parcel. The first building is a charming single-family home, offering 1, 915 square feet of comfortable living space, complete with 4 bedrooms and 2 bathrooms. The second building is an adaptable office structure that’s ideal for a wide variety of businesses. Additionally, there is a warehouse/garage in the rear, complete with its own office space, making it ideal for storage, light manufacturing, or any enterprise needing workspace alongside office facilities. With ample land and diverse building options, this property presents limitless possibilities for investors and business owners alike. It’s an exceptional chance to secure a flexible, multi-functional site that can that can cater to a range of business needs while holding strong potential for appreciation and income generation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,440,000 | $1,440,000 | $1,440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,253 | $1,253 | $1,253 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,176 | $8,984 | $12,055 |
Total Monthly Payment | $9,554 | $10,362 | $13,433 |
* 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.