Charming Three-Unit Property in Worcester. This well-maintained property in the desirable Greendale neighborhood is a fantastic opportunity for homeowners and investors alike. The first-floor unit has been recently updated, featuring a modern kitchen with tiled floors and stainless steel appliances, a custom-tiled bathroom, bright open living and dining areas with built-ins, and three bedrooms. The second and third-floor units each offer spacious living and dining areas, two bedrooms, a den or office, updated baths, and stainless steel appliances in the third-floor kitchen. Outdoor amenities include a 15x25 oval pool with a new liner and pump motor, dual pool decks (added in 2018), a vinyl fence (2014), and two storage sheds. The driveway and stone wall were updated in 2016. With the first-floor unit delivered vacant, this property is ideal for an owner-occupant or a valuable addition to your investment portfolio!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,200 | $679,200 | $679,200 |
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 | $740 | $740 | $740 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,803 | $4,127 | $5,595 |
Total Monthly Payment | $4,635 | $4,959 | $6,427 |
* 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.