Discover the perfect blend of modern upgrades and investment potential with this beautifully remodeled two-unit property at 34 Oak St, New Britain. Whether you're seeking a home that generates rental income or a profitable investment, this versatile property has the best of both worlds. Property Highlights: Completely Renovated Inside and Out: A brand-new roof provides long-term durability, while new flooring throughout both units ensures a fresh, contemporary feel. Two Turnkey Units: Ideal for owner-occupancy with an additional income stream or for maximizing rental yield. Both units are ready for immediate occupancy. Updated Kitchens with Stainless Steel Appliances: Each unit features modern, fully-equipped kitchens with sleek stainless steel appliances, adding both style and functionality. Prime Location: Situated near major highways, this property has quick access for commuters. Its proximity to schools makes it a desirable option for families, enhancing rental appeal. Move-In Ready: Every detail has been considered, from the modern finishes to the practical upgrades, giving buyers peace of mind and long-term value. This meticulously updated property is perfect for those looking to combine comfortable living with smart investing. Don't miss your opportunity explore the potential of 34 Oak St for yourself!
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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 | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $392 | $392 | $392 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,861 | $2,361 |
Total Monthly Payment | $2,330 | $2,328 | $2,828 |
* 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.