Presented byAnn Stewart |
Presenting this incredibly unique B-Class investment package located Northeastern, CT at 0, 34 & 42-44 Pleasant St Plainfield, CT. The package consists of 8 units, a large parking area, and in-ground pool with pool house and play yard. The buildings feature 5 - three bed/one bath units and 3 - two bed/one bath units all being nearly 1000 square ft or more so of living space. Both Buildings went through extensive rehab in 2012 from structural to mechanical and roofs. This property meets the classification of a B-Class property due to its quality in unit sizes, tenants and the amenities it provides. There are 3 parcels incorporated in this package. 34 Pleasant St showcases the nearly 9400 square foot 6 unit building that houses 3, three bedroom units and 3, two bedroom fully renovated units all encompassing over 1000 square ft of living space. 42-44 Pleasant houses the pristine two unit building with just over 3000 square ft of living space, private parking and fully renovated units. 0 Pleasant St offers a beautiful, well maintained in-ground pool and pool house. Pleasant Street presents an extremely strong rent roll at purchase. Current NOI is just over $100, 000 with the ability for rental increases on 4/1/2023 when leases are up for renewal.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$1,200,000
Sales Associate
William Raveis Real Estate
Phone: 860.235.2131
Ann.Stewart@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.585.3916
Bobby.Kazarian@raveis.com
NMLS Mortgage Loan Originator ID 1875225
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $749 | $749 | $749 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,756 | $6,227 | $8,363 |
Total Monthly Payment | $6,630 | $7,101 | $9,237 |
* 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.