Presented byThe Weingrad Group |
This eye-catching mid-century modern 2, 900 Sq. Ft. two-family home offers a variety of redevelopment options. It is beautifully set on a 21, 500 Sq. Ft. lot, directly abutting a 4 acre conservation sanctuary with walking trails, along the west side and rear boundary lines. The 1, 628 SF first floor unit was originally a medical office and has been legally converted to a 3BR/2 bath dwelling. The 1, 288 SF second floor is a striking 2BR/1. 5 bath unit with vaulted ceilings, skylights, multiple decks and a fireplace. There is an ACO in place for hookup to the municipal sewer. A generous parking area with 15 spaces rounds out the offering. The Seller is receptive to offers requesting Buyer concessions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,925,000
Sales Associate
William Raveis Real Estate
Phone: 561.886.7992
TheWeingradGroup@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,540,000 | $1,540,000 | $1,540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $450 | $450 | $450 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,624 | $9,482 | $12,788 |
Total Monthly Payment | $9,199 | $10,057 | $13,363 |
* 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.