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Rare opportunity to own a legal 3-family restored Victorian house with separate barn studio and 2-car garage in East Norwalk. Perfect for live-in owner or investor. Fabulous income and low maintenance with many updates and improvements. Separate utilities for each apartment. Parking for 6 vehicles. The second building on the property is a beautifully converted studio barn with vaulted ceilings and beams and 2-car garage completed in 2008 with separate panel & fully insulated. Quick walk to East Norwalk train station, Beaches, parks, neighborhood restaurants, South Norwalk (SoNo). Westport 5 minutes. Unique owner occupy a unit or investor. 3 Apts: Private entrances for each apartment on 3 floors. Hardwood floors throughout all apartments. New window blinds throughout. Apt 1: 1br, 1. 5 bath, eat-in-kitchen, open living room and dining room. New water heater 2021. Apt 2: 1br, 1bath, large eat-in kitchen, open living room and dining room. New steam boiler 2023, new water heater 2021, new fridge 2023. Professionally painted 2023 and HW floors refinished 2022. Apt 3: 1br, 1bath, kitchen open to living room area. New water heater 2021, new fridge 2022, microwave 2023. Professionally painted and HW floors refinished 2024. Basement: Laundry. Washer and dryer hookups for each apartment. Landlord/ contractor full bath. Partly finished w/ separate secured storage room. Other storage. Other notes: gas line main from street to house was recently updated with new meters. City Water / Sewer. All new fiber-optic cable just installed to all 3 apartments.
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$1,199,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $959,200 | $959,200 | $959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $598 | $598 | $598 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,674 | $6,063 | $8,224 |
Total Monthly Payment | $6,397 | $6,786 | $8,947 |
* 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.