Presented byMike Henetz |
Large 3, 675 square foot two family close to shopping and Beardsley Park. Attic has been finished with an additional four rooms. City records indicate a finished 995 square foot expansion attic but does not specify the bedrooms, kitchen and full bath. No permits were found for third floor work. Four rooms on each floor were observed, first, second and expansion attic. There is an Executor for the estate and sale will be AS IS condition. Separate electric meters and heating first and second floors. First floor is occupied on a month to month, is in good condition and appliances are owned by the tenant. Second and finished attic need rehab.
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Sales Associate
William Raveis Real Estate
Phone: 203.913.6833
Michael.Henetz@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.274.0501
Gerry.OBrian@raveis.com
NMLS Mortgage Loan Originator ID 223191
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $363,600 | $363,600 | $363,600 |
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% | 6.778% | 6.034% |
Monthly Tax Payment | $675 | $675 | $675 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,358 | $2,328 | $3,019 |
Total Monthly Payment | $3,108 | $3,078 | $3,769 |
* 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.