Just in time for the holidays! This rare investment opportunity features an East Side duplex, with 3 bedrooms and 1. 5 bathrooms on each side. Unit 780 includes an attached garage and central air, while 778 is currently rented month-to-month. Both units have hardwood floors and sliders to private decks with views of a pretty half-acre lot. Each basement has a walk-out, laundry area, and is heated, offering potential for future finishing. Additional highlights include Wallingford Electric, natural gas, and a prime location near East Center Market, charming downtown, and the Wallingford Country Club-what a find! **This is a trust, inspection for informational purposes only. Tenant pays $1400 a month (month to month) under market, as well as electric, gas heat/hw and trash.
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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 | $348,000 | $348,000 | $348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $533 | $533 | $533 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,315 | $2,286 | $2,913 |
Total Monthly Payment | $2,923 | $2,894 | $3,521 |
* 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.