Very rare opportunity to own two prime pieces of commercial real estate plus a parking lot in the Heart of the Whitneyville section of Hamden. The first building consist of 6502 SQ FT and is located at 1226 Whitney Ave. The building is fully occupied with wonderful long term tenant and consists of two retail spots (currently combined as one) and a large restaurant. The second building is a free standing 3192 SQ FT brick building located at 40 Putnam Ave that is currently occupied as USPS (Post Office) with a NNN lease until 12/31/2026. The third parcel is located at 34 Putnam Ave and is . 23 acre lot with ~40 parking spots. The buildings can not be sold individually and must be sold as a package with 34 Putnam Ave & 40 Putnam Avenue, Hamden. The list price includes both buildings and parking lot, but does not include the businesses.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $3,171 | $3,171 | $3,171 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,645 | $5,031 | $6,717 |
Total Monthly Payment | $7,908 | $8,294 | $9,980 |
* 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.