Calling all investors! This is the opportunity you’ve been waiting for! A spacious two-family home, with separate electric and gas meters for each unit, the landlord only pays for heat and hot water. Perfectly located near downtown White Plains and the train station—making it a commuter’s dream! The property features a huge backyard and a fantastic patio over the garage, ideal for those crisp fall evenings. One garage parking space is included. The first-floor unit is already rented for $2, 600, and the second-floor unit is rented for $2, 400—plus, the second floor includes a bonus attic area, perfect for extra storage. This is an incredible investment opportunity you don’t want to miss! Schedule your showing today! Chase Bank is giving a $7, 500. 00 credit towards closing costs at this location! Additional Information: HeatingFuel: Oil Above Ground, ParkingFeatures: 1 Car Attached,
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $607,200 | $607,200 | $607,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.369% | 7.159% | 6.276% |
Monthly Tax Payment | $953 | $953 | $953 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,091 | $4,036 | $5,121 |
Total Monthly Payment | $5,136 | $5,081 | $6,166 |
* 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.