OPEN HOUSE CANCELLED 11/09. Offer Accepted. This multi-family home offers 3, 248 sq ft of living space, features 6 bedrooms and 5 baths. Conveniently located just 1. 5 miles from Route 24, the property sits in a quiet cul-de-sac in Fall River. It's also just a 5-minute drive to the upcoming Fall River MBTA Commuter Rail Station. Each unit includes hot water baseboard heating, updated cabinets, ceiling fans, cable hookups, carpeted stairs, and kitchen access to a deck. Both units offer plenty of storage, and there's potential for two additional bedrooms in the basements. Unit A boasts stainless steel appliances and the possibility of adding a half bath in the laundry room (a new toilet will be included with the sale). All window A/C units are included as gifts from the seller, but they come without warranties and do not contribute to the purchase price. Both sets of laundry appliances will also remain with the property.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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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 | $527,200 | $527,200 | $527,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $415 | $415 | $415 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,507 | $3,504 | $4,520 |
Total Monthly Payment | $4,014 | $4,011 | $5,027 |
* 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.