Welcome to this charming 2-family property in Dracut! Your next investment opportunity awaits, with separate entrances, located on the MBTA bus route, dual driveways, & thoughtful features throughout. Exterior includes cozy covered porches and an expansive backyard. Enter inside the 1st floor unit to find a spacious kitchen w/ plenty of cabinet storage, a pantry, & access to the back porch. 2 comfortable bedrooms w/ beautiful hardwood floors & a cozy carpeted living room. There is easy access to the shared laundry in the basement for added convenience. In the 2nd floor unit, you’ll find a functional space - a kitchen with vinyl flooring & a walk-in pantry with SS appliances & exterior access to private back deck. 2 sunny bedrooms with timeless hardwood floors & a bright living room complete this unit. The spacious backyard is ready for all your entertaining! Whether you’re looking for a place to call home or a new investment opportunity, this property checks all the boxes.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $439,920 | $439,920 | $439,920 |
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 | $399 | $399 | $399 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,890 | $2,924 | $3,710 |
Total Monthly Payment | $3,381 | $3,415 | $4,201 |
* 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.