"HIGHEST & BEST" OFFERS DUE BY WEDNESDAY NOVEMBER 27th, by 4 pm. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . An ideal opportunity for Owner Occupied or Investor. . . . . . 'Prime' East Rock location. . . . **1st floor: 2 bed/ 1 bath, 'over' 1, 800 square feet, **2nd floor: 2 bed/ 1 bath, 'over' 1, 800 square feet, **3rd floor 2 bed/ 1 bath, 1, 035 square feet. . . . . . Large 3 family with almost 5, 000 square feet of living space. . . . gas heat & hot water Amazing location steps to gourmet markets, the Yale Campus. . . . Proximity to the Yale Shuttle, just minutes to Downtown New Haven. . . . . . . Beautiful parquet floors, "newer" Roof ( 2 years old), 2 fireplaces, french doors. . . . coin op laundry in the basement. . . . . . . . . . . The building is sited on a fantastic corner lot with a driveway with tandem parking for two cars & a 2 car garage. . . . . Both on and off street parking and a decent sized private back yard area. . . . . . New Haven's new of-right ADU ordinance *should* allow another tenant unit of-right on lower level, so long as main unit is owner-occupied. *Buyers to verify details.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $748,000 | $748,000 | $748,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $1,583 | $1,583 | $1,583 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,365 | $4,728 | $6,312 |
Total Monthly Payment | $6,040 | $6,403 | $7,987 |
* 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.