Fantastic, well maintained and updated multi-family with finished basement in-law option on a quiet dead-end street, close to Shippan's beaches, restaurants, and shopping. This is a perfect owner-occupied opportunity. The main level unit has two good sized bedrooms, a full bathroom shower/tub combo with new ceiling light, a large light filled dining room/living room combination with a woodburning fireplace and newly added flooring. The eat-in kitchen has a new backsplash, refinished white cabinets, a newer wall oven and refrigerator. Interior access to a fully finished whole house lower level includes a woodburning fireplace, gleaming tile flooring and newer full bathroom. The walk-out basement also has a large kitchen/dining room combination with a large living room and a separate bedroom. The newly painted upper level has just been updated with new living room flooring and a new vanity with new vanity light/mirror combo in the full bath. This second-floor unit has been used as a two bedroom in the past and includes a newer oven and refrigerator. Outside is a comfortably sized yard, a newly painted outside stairway for the second level and a newly painted covered porch. The back door allows a separate entry to each of the three levels.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $705 | $705 | $705 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,892 | $3,842 | $4,982 |
Total Monthly Payment | $4,689 | $4,639 | $5,779 |
* 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.