AMAZING OPPORTUNITY **!!TWO HOUSES!!** 2 FAMILY(4 bed) + SINGLE FAMILY(2 bed) on same lot!!! Beautifully renovated ranch offers single level living w/open floor plan, all new gourmet kitchen & bath, AC, gas FP, hardwood flrs, all newer windows, roof 2015. Well maintained 2 FAM offers great income while you live in the single fam - rental income from 2 beautiful apartments can easily subsidize your mortgage. Or, consider multi-generational living?? Downsize to the ranch, while your kids live nextdoor. You set the rental fee - they get reasonable rent while saving for a down payment; you get income: A Win-Win!! Beautiful lg yard set back nicely from the street, plenty of off street parking, 2 car garage. Huge attic in the 2 FAM can be finished for addl living space. RARE OPPORTUNITY - DON'T MISS OUT! Also listed as SINGLE FAMILY listing MLS #73256475
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $999,200 | $999,200 | $999,200 |
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 | $1,036 | $1,036 | $1,036 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,911 | $6,316 | $8,567 |
Total Monthly Payment | $7,072 | $7,477 | $9,728 |
* 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.