Located just one mile from Sacred Heart University on a quiet dead-end street, this single-family home presents a unique opportunity for both investors and homeowners. With its prime location, this property is ideal for those looking to capitalize on the growing demand for student housing, offering proximity to campus while maintaining a residential setting not on a main road or busy cut through street. The home features durable vinyl siding and energy-efficient Harvey vinyl replacement windows, ensuring low maintenance. Inside, the home features a functional layout with a bright living room, a dedicated dining area, and a practical kitchen. The second floor boasts three generously sized bedrooms on the same level with ample closet space. A full bathroom upstairs and a convenient half bath on the lower level add to the home's appeal. The backyard offers privacy and space for outdoor enjoyment, while the covered patio adds versatility. The attached single-car garage and driveway provide ample off street parking. For investors, this property's location and layout make it a standout option for student housing, with the neighborhood adding to its appeal. For homeowners, this ideal North End location with proximity to local amenities and commuter roads provides both convenience and value. Don't miss the opportunity to secure a property that balances location, functionality, and investment potential. Agents, please see remarks.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Den | Lower |
Dining Room | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Upper |
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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 | $311,200 | $311,200 | $311,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $563 | $563 | $563 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,044 | $2,068 | $2,624 |
Total Monthly Payment | $2,681 | $2,705 | $3,261 |
* 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.