LEGAL, MIXED USE PROPERTY: RUN YOUR BUISNESS FROM HOME WITH 2 SEPARATE OFFICES, GARAGE AND LOTS OF PARKING, HUGE GRAVEL YARD, PLUS RENTAL APARTMENT. OR RENT OUT 2 UNITS (1 BEDROOM APT & 2 BEDROOM W/DEN APARTMENT), USE OFFICES, GARAGE AND YARD FOR BUISNESS. OR RENT OUT ALL AS AN INVESTMENT PROPERTY. OR LIVE HERE AS WE HAVE AND COLLECT RENT FROM 1 BEDROOM APT ($1, 300MO PLUS UTILITIES), AND YARD ($1, 000 MO FROM CONTRACTOR) MANY POSSIBILITIES!!!! TOTALLY RENOVATED 12 YEARS AGO. 1 UNIT HAS 2BEDROOMS, DEN OPEN KITCHEN, LIVINGROOM, DININGROOM, FULL BATH SGD TO PATION. 2ND UNIT IS A ONE BEDROOM, EIK, LIVINGROOM, BATHROOM SGD TO PATIO. 2 SEPARATE OFFICES WITH 1/2 BATH AND LARGE FINISHED GARAGE WITH LAUNDRY. LIVE, RENT, RUN BUSINESS, RENT YARD. . . . . . CAN MIX UP MANY WAYS, 3 ELECTRIC PANELS AND APPROXIMATELY 300' FRONTAGE ON ROUTE 9 WITH SIGNAGE EXPOSURE. MIN TO EVERYTHING: HIGHWAY, TRAIN STATION, STORES, RESTAURANTS AND RIVER FRONT.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $924 | $924 | $924 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,022 | $4,354 | $5,784 |
Total Monthly Payment | $5,038 | $5,370 | $6,800 |
* 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.