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Presented by
Janet Warren |
463 Highland Avenue, Stratford (North End), CT, 06614 | $539,000
Unique opportunity to invest in this legal two family near Bunnell High School and convenient to Paradise Green. This long-time family home was built by the owner's grandfather in 1930. 1st floor unit needs TLC but second floor unit has been redone. Attic has skylight and was dormered and finished and just needs a completed kitchen in case a future owner would like to explore making the house a legal three family. 1st and 2nd floor heating systems are newer (January of 2023 and February of 2018, respectively) but the third floor unit needs replacement. Roof is 10-15 years old, according to owner. The lot is very deep and private with a shed and fenced area for gardening and relaxing. Rent could be much higher on 2nd floor. Owner lives on 1st floor. Finished attic is not occupied. Some appliances need replacement: 3rd floor dryer, basement dryer, and 1st floor stove. Front porches on first two floors. Good investment property or perfect for an extended family home. All gas heating systems and hot water tanks which are also newer (2nd floor is 4 years old and 3rd floor is six years old) Monthly water bill for whole house is approximately $50.
Features
- Town: Stratford
- Rooms: 10
- Bedrooms: 4
- Baths: 2 full
- Units: 2
- Laundry: Basement Hook-Up(s),Common Laundry Area
- Style: Units on different Floors
- Year Built: 1930
- Heating: Baseboard,Radiator
- Cooling: Ceiling Fans,Window Unit
- Basement: Full,Unfinished,Storage,Interior Access,Concrete Floor
- Above Grade Approx. Sq. Feet: 3,032
- Acreage: 0.27
- Est. Taxes: $7,722
- Lot Desc: Level Lot
- Elem. School: Per Board of Ed
- High School: Per Board of Ed
- MLS#: 24056003
- Days on Market: 9 days
- Buyer Broker Compensation: 2.00%
- Website: https://www.raveis.com
/raveis/24056003/463highlandavenue_stratford_ct?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Janet WarrenSales Associate
203.610.1124
Janet.Warren@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Gerry O'BrianVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 223191
203.274.0501
Gerry.OBrian@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Ray CashenPresident, William Raveis Attorney Network
203.925.4590
For homebuyers and sellers, our Attorney Network:
- Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
- Offers access to experienced closing attorneys at competitive rates
- Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies
463 Highland Avenue, Stratford (North End), CT, 06614
$539,000
Janet Warren
Sales Associate
William Raveis Real Estate
Phone: 203.610.1124
Janet.Warren@raveis.com
Gerry O'Brian
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.274.0501
Gerry.OBrian@raveis.com
NMLS Mortgage Loan Originator ID 223191
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $431,200 | $431,200 | $431,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
| Monthly Tax Payment | $644 | $644 | $644 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,833 | $2,866 | $3,636 |
| Total Monthly Payment | $3,569 | $3,602 | $4,372 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524