Completely Renovated Three-Family Home - Turnkey Investment Opportunity This fully renovated three-family home is the ideal blend of modern living and smart investment. Each unit boasts a spacious, consistent layout featuring two bedrooms, one bathroom, and a flex room currently used as a living room, but easily converted into a third bedroom to maximize potential. Key Features: Newly updated interiors with stylish finishes throughout. In-unit laundry in all three apartments for tenant convenience. Identical floor plans, offering uniformity and ease of management. A fantastic option for both investors seeking strong rental income and owner-occupants looking to offset living costs. With every unit thoughtfully renovated, this property offers turnkey ease and endless potential. Schedule your showing today!
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William Raveis Mortgage, LLC
Phone: 203.980.8025
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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 | $495,920 | $495,920 | $495,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $279 | $279 | $279 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,299 | $3,341 | $4,252 |
Total Monthly Payment | $3,669 | $3,711 | $4,622 |
* 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.