GREAT OPPORTUNITY for OWNER occupied or INVESTOR on this HUGE 1 bedroom condominium at MILLHAUS CONDOMINIUMS. This corner unit overlooks the complex pool and is in a part of the building with NO UNITS above. HUGE SUNNY 15 x 23 Livingroom with 4 recessed lights, 13 x 14 Dining area with 4 recessed lights & ceiling fan. Bedroom is 12 x 15 with large double closet. There is an additional Pantry closet, Linen closet and 2 coat closets in the unit. The STORAGE CLOSET & Hot water tank (2021) for this unit is located next door in Storage room. Short walk to the common laundry room on the 2nd floor. OTHER AMMENITIES of MILLHAUS CONDOMINIUMS include IN-GROUND POOL, TENNIS & Pickle Ball courts, Community room and HUGE PARKING LOT. This complex is in downtown Mansfield with 5 minute walk to the Train station and all the great restaurants and shops.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.775% | 6.790% | 6.034% |
Monthly Tax Payment | $259 | $259 | $259 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,501 | $1,409 | $1,827 |
Total Monthly Payment | $1,835 | $1,743 | $2,161 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.