OWN DON'T PAY RENT THIS 1974 Square foot OFFICE SPACE. Nearly every office is occupied by Medical professionals, HOWEVER recent changes in the bylaws have opened occupancy to other professions with the approval of the town of Essex. This ground floor office (officially Condo #6) is located in the popular and long established Wildwood Medical Center. WILDWOOD is conveniently located off Route 9 just minutes from downtown Essex and Old Saybrook , only 20 minutes from Middletown. Why not own your own office rather than paying continually escalating rent to a 3rd party. This is the time and this is the space. Space includes: >12 x 12 Waiting room, >11 x12 office, 3 small exam rooms 8x7, 8x8, 10x9 each with small sink. There is also former radiation room 12 x10, and a large exam room 11 x10 with large sink, counter and upper and lower cabinets, a 9 x7 darkroom and a small 6 x 5 kitchenette. There is a large open corridor between exam rooms measuring 24x12 off which there are 2 half baths. This is a find, especially at this price. Don't miss out. Condo fee $1, 200 per quarter takes care of ground, snow plowing outside of condo etc . See bylaws etc attached.
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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 | $79,920 | $79,920 | $79,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $188 | $188 | $188 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $518 | $525 | $669 |
Total Monthly Payment | $781 | $788 | $932 |
* 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.