For the first time in over four decades, 134 Gorham Ave is on the market, presenting a rare chance to own a lovingly maintained 2-family home with the flexibility of a 3rd unit, all in a prime location. This property, carefully cared for by the same family for generations, offers an unparalleled blend of charm, functionality, and opportunity. The fully updated third-floor studio comes complete with its own kitchen and bath, perfect as an in-law suite or private rental unit. The partially finished basement, with a separate entrance, heated space, and half bath, offers extra living or recreational space and can be connected back to the first floor as well. The fenced-in yard is your personal oasis, beautifully landscaped with two custom-built, heated backyard structures, and a heated greenhouse. The expansive paved driveway provides ample parking for multiple vehicles, adding extra convenience. Updated mechanicals include gas heating for the first and second floors, electric heat on the third, a 200-amp electrical service, and newer water heaters and furnaces. Situated on a convenient bus line and near local shops, this location is highly desirable for both renters and owner-occupants. With its perfect blend of character, updates, and prime location, 134 Gorham Ave is more than just a home-it's a rare find waiting for its next chapter.
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William Raveis Real Estate
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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 | $391,200 | $391,200 | $391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $560 | $560 | $560 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,669 | $2,600 | $3,299 |
Total Monthly Payment | $3,304 | $3,235 | $3,934 |
* 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.