Presented byTeam Ten Homes |
Welcome to 408 Legion Avenue, a fantastic opportunity to own a versatile and well-maintained 2-family home in the heart of New Haven! This property is ideal for both investors seeking steady rental income or owner-occupants looking for a spacious home with income potential. Each unit has 3 bedrooms and one full bath. The home also includes separate utilities for each unit, ensuring convenience and efficiency, as well as off-street parking for added ease. A spacious backyard provides a perfect setting for outdoor entertaining, gardening, or simply relaxing. Located close to Yale University, downtown New Haven, hospitals, shopping, dining, and public transportation, this property is in a prime location. Commuters will appreciate the easy access to I-91 and I-95. Don't miss this excellent opportunity to own a multi-family property in a highly desirable area. Whether you're looking to generate rental income or make this your primary residence, 408 Legion Avenue is the perfect choice. Schedule your showing today!
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William Raveis Real Estate
Phone: 203.927.2424
TeamTenHomes@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $263,920 | $263,920 | $263,920 |
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 | $444 | $444 | $444 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,712 | $1,690 | $2,192 |
Total Monthly Payment | $2,231 | $2,209 | $2,711 |
* 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.