Great Opportunity to own this beautiful house, In a very interesting location. Close to everything including the brand new stadium, three deckers, that present great space for living, Basement was redone, all old iron sewer pipes were replaced with PBC pipes, Basement floor was cemented as well as wall foundation. First floor was completed renovated last year, New hard wood floors providing two bedrooms, kitchen and living room, with a beautiful brand new shower bathroom, Everything is new in this apartment. First floor has an Studio on the back also that has a small kitchen, small living room and a small bedroom. Roof is about four years old as well as Vinyl Siding, Back Stairs were remodeled adding insulation, sheetrock walls and ceiling and brand new windows. Also the driveway has been redone fitting for nine vehicles , Sensor lites are all around the house. Also there is big storage room recently built by the parking lot, Can be used as a garage too. Rent has potential to increase.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $695,920 | $695,920 | $695,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | $625 | $625 | $625 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,897 | $4,228 | $5,733 |
Total Monthly Payment | $4,614 | $4,945 | $6,450 |
* 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.