If you are handy, this is an ideal property for owner-occupant or investor to build instant sweat equity. The 6-family property (see MLS# 73190113) at 41 Barclay St just SOLD for $1. 1 million on 3/29/2024. The 3-family property at 33 Barclay St SOLD for $651, 000 on 3/7/2022 (See MLS# 72949874). The 2nd & 3rd floors are currently one unit occupied by the owner's family. There is a kitchen & full bath on each floor. Recent roof and replacement windows. Separate Utilities. Natural Gas heat & hot water. Convenient location off Grafton St with easy access to downtown and I-290. Needs interior cleanup & updates. This is a great opportunity for a handyman who knows how to remodel & ad to their portfolion of income-producing properties or do a quick flip. Looking for Cash Buyers. If a the 6-family just 200 feet away just sold for $1. 1million, you do the math and call for appoitment. Estate Sale Being Sold As-IS.
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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 | $279,200 | $279,200 | $279,200 |
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 | $375 | $375 | $375 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,834 | $1,856 | $2,355 |
Total Monthly Payment | $2,283 | $2,305 | $2,804 |
* 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.