Exceptional investment opportunity! Discover this charming four-family property nestled on a tranquil cul-de-sac at 31 Shagbark, Waterbury, CT 06704. Each unit boasts separate utilities, ensuring ease of management and billing. Ideal for investors or owner-occupants, this property promises significant rental income potential. The building features spacious apartments with washer dryer hook ups for each unit located in the basement. Located in a peaceful neighborhood, residents will enjoy the quiet surroundings while being just minutes away from local schools, shopping centers, and major highways. Don't miss out on this unique chance to own a multi-family property in a desirable location. Act quickly-opportunities like this are rare! Schedule your showing today and secure your future investment. Note: A additional 4 unit building is available as a package. 31 Shagbark Road Rent Unit A $867 Unit B $850 Unit C $850 Unit D $750 Expenses Taxes $9, 531 Insurance $3, 420 Water $1, 975 Electricity $230 Maintaince $860
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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 | $447,999 | $447,999 | $447,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $1,005 | $1,005 | $1,005 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,981 | $2,978 | $3,841 |
Total Monthly Payment | $4,077 | $4,074 | $4,937 |
* 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.