Investors, take note! This move-in-ready duplex offers an excellent opportunity for immediate rental income. Having a NEW ROOF installed in 2024, TWO (2) NEW HVAC Systems installed in 2024 with a 10 year warranty and a NEW Water Heater this is a steal! Located in the quiet subdivision of Secret Cove right off of Reynolds Road, the cozy atmosphere of the units will make you feel right at home. Each unit features two bedrooms and two bathrooms, providing comfortable and functional living spaces for tenants. For added convenience, both units have their own washer and dryer hook-ups, separated driveways, and it’s an end-unit/corner-lot! The property has been recently painted and professionally cleaned, ensuring a fresh and inviting environment for new occupants. Both units are thoughtfully designed for convenience and ease of maintenance, making it an attractive option for renters. Hard tile floors throughout make cleaning fast and upkeep easy! The primary bedroom in each unit is a full suite with a walk-in closet and an en suite bathroom! Whether you're looking to expand your investment portfolio or start generating passive income, this duplex is ready to deliver. Or live in one side and use the other to help cover your mortgage. With a blank slate at the ready, you can begin leasing right away and watch your investment grow.
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$299,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $283 | $283 | $283 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,612 | $1,590 | $2,017 |
Total Monthly Payment | $1,970 | $1,948 | $2,375 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.