Attention Investors/Contractors and anyone willing to pull up their sleeves - Check out this 2 family on a corner lot with 2 car garage with attached shed/out building and good size yard. Tons of potential to turn this into the charmer that it can be! Two units: first floor with 3 bedrooms, kitchen, bath, living room, this unit needs some cosmetic updates. Second floor with 2 bedrooms, bath, kitchen, living room that is currently being rented. Could be good rental property or owner occupied! This property is in need of some updates and repairs. May not qualify for most financing and may need to be CASH or REHAB. The property is sold "AS IS". Showings at the Open Houses only!! January 4th & 5th from 11: 00 - 1: 00. **Offer Deadline - All offers due no later that 4: 00pm on Monday January 6th**
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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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 | $199,920 | $199,920 | $199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $303 | $303 | $303 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,330 | $1,330 | $1,701 |
Total Monthly Payment | $1,708 | $1,708 | $2,079 |
* 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.