Your next investment opportunity awaits! Perfect for owner occupant or investor looking for great cash flow, this updated two family home is conveniently located near local hospitals with great highway access. The vacant second floor unit is recently updated and features gorgeous granite countertops and all new appliances. The generously sized pantry off to the side of the kitchen provides ample storage space to keep your kitchen clutter free. Throughout the updated unit you will find a freshly painted light and neutral color scheme and gleaming hardwood floors. The bathroom features a new vanity and gorgeous tiling. All three bedrooms are generously sized. The leased first floor unit features three bedrooms and one bathroom as well. All utilities are separate and there is gas heat and gas hot water. An ideal investment property or a wonderful opportunity for an owner occupant to receive rental income and save for the future. Don't wait, schedule your showing today!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $295,990 | $295,990 | $295,990 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $336 | $336 | $336 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,044 | $1,994 | $2,518 |
Total Monthly Payment | $2,455 | $2,405 | $2,929 |
* 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.