Location, Location, Location!!! This wonderfully maintained 3500+ sq/ft. multi-family conveniently located within walking distance to the Wallingford center restaurants, coffee shops, stores and train station is exactly what you have been looking for. The first-floor 5 room unit features a light and bright eat-in kitchen with Pantry, dining room with hwd flooring, a spacious living room with hwd flooring, two bedrooms with hwd underneath the carpet and 1 full bathroom. The combined 2nd and 3rd floor owners unit offers 9 rooms including 4 bedrooms and 2 full bathrooms. The 2nd floor is a mirror image floor plan as the 1st floor featuring a recently remodeled eat-in kitchen including a pantry and a breakfast/coffee bar, living room and dining room with hwd flooring, two bedrooms and a full bathroom. The 3rd floor features a large living room with hwd flooring and vaulted ceilings, a family room with hwd flooring and vaulted ceilings, 2 additional bedrooms and a full bathroom. There are two means of egress for the 3rd floor and can possibly be converted into a 3 family. Additional features include vinyl siding, private paved driveway with a 1 car garage, fenced in rear yard, generous sized front porches, washer/dryer for both units, separate utilities and ample storage space located in the lower level. Owner needs to stay in the home until July 1 and will rent back until then!! ** HIGHEST AND BEST BY 3: 00PM SHARP ON 12/12**
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $419,920 | $419,920 | $419,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $639 | $639 | $639 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,759 | $2,759 | $3,515 |
Total Monthly Payment | $3,489 | $3,489 | $4,245 |
* 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.