Welcome to 29 Wendell Place located on a dead end street! This spacious 2-family property is conveniently located near Emerson Wright Park, the Basketball Hall of Fame, MGM Springfield, & numerous other amenities. The property has undergone several updates such as fresh paint, newer flooring, stainless steel appliances, electrical upgrades, and more. Each unit features high ceilings & an open concept layout that is perfect for entertaining guests. Unit 2 is two floors & currently configured as a 6 BEDROOM UNIT BUT CAN EASILY BE USED AS A SEVEN BEDROOM APARTMENT. This property could be perfect for savvy investors and/or owner occupants, it boasts plenty of parking, TONS OF STORAGE IN BASEMENT WITH ADDITIONAL STORAGE ROOM, SEPARATE HEATING and HOT WATER utilities, THREE FULL LEVELS OF LIVING SPACE, & many additional amenities. Additional upgrades include NEWER HOT WATER TANK (about 3 months old) & SHED (about a year old) Don’t miss your chance to capitalize on this rare opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$364,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $291,920 | $291,920 | $291,920 |
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 | $288 | $288 | $288 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,991 | $1,940 | $2,462 |
Total Monthly Payment | $2,354 | $2,303 | $2,825 |
* 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.