Presented byHarry Cutts |
This updated duplex property offers a fantastic investment opportunity with two side-by-side units, each featuring 3 bedrooms and 1. 5 baths. The first floor of both units boasts updated kitchens equipped with recent appliances, half baths, and spacious living rooms. On the second floor, you'll find three bedrooms and a full bath in each unit, along with full basements for additional storage. The property benefits from recent upgrades, including new windows, insulation, a roof, septic, and heating systems. Its prime location is convenient to shopping, schools, beaches, and major roadways, making it an attractive option for potential renters or homeowners. The seller is open to considering buyer incentives, and the property currently does not have tenants, allowing for flexibility in financing with rental income support. Note that the seller is related to the agent, which may be relevant for buyers.
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$820,000
Senior Sales Associate
William Raveis Real Estate
Phone: 508.237.9558
Harry.Cutts@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $656,000 | $656,000 | $656,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $190 | $190 | $190 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,880 | $4,200 | $5,580 |
Total Monthly Payment | $4,162 | $4,482 | $5,862 |
* 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.