Don't hesitate to place any offer very motivated seller this deal wont last dont loose your chance to get this beautiful multi fam property perfect for end users and savvy investors this house has undergone a recent full gut renovation and was built top notch high quality has 10 - 14 ft high ceiling with beautiful skylights and high 96 inch doors and beautiful moldings this property is equipped with full cctv camera system inside and outside and a separate video door intercom system in each unit with the ability to unlock front door from inside any apt grade A wide hardwood floors installed throughout with one piece or wall hanging toilets in each apt and beautiful high bathtubs featuring high cabinets and stone countertops in kitchens plus separate boiler for each unit and much much more live in one apt and cover your mortgage from the other this legal 2 fam can be set up as three 3 bedroom units and & 1 bedroom unit with a possible income of 13, 514 can be sold with income
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,525,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,220,000 | $1,220,000 | $1,220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $206 | $206 | $206 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,832 | $7,413 | $10,050 |
Total Monthly Payment | $7,163 | $7,744 | $10,381 |
* 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.