Presented byHyde Homes Team |
Exceptional opportunity to own a rare, turnkey, legal 3-family home in Fairfield, just minutes from everything. This income-generating property boasts extensive upgrades and offers substantial monthly cash flow! Perfect for both investors and owner-occupants, it's conveniently located steps away from the Fairfield Metro Train Station, Whole Foods, and a variety of Fairfield and Black Rock dining spots. Each unit has been fully remodeled in recent years: the first-floor features new stainless-steel appliances and recessed lighting; the second floor has fresh paint, stainless steel appliances, and new Corian countertops; and the third floor was recently updated as well. Don't miss this opportunity to own a 3-family dwelling in Fairfield!
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$785,000
Sales Associates
William Raveis Real Estate
Phone: 203.520.7285
HydeHomesTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $628,000 | $628,000 | $628,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $657 | $657 | $657 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,231 | $4,174 | $5,296 |
Total Monthly Payment | $4,980 | $4,923 | $6,045 |
* 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.