Presented byLeigh Whiteman - The Whiteman Team |
Don't miss this opportunity to own this 3-unit asset in the South Hill neighborhood of New Haven: This location is in close proximity to Yale New Haven Hospital, and multiple shops and restaurants! This 3-unit asset is 3, 249 SF & tenants pay utilities besides the common area! First floor rented for $1250 with a lease expiration of 10/31/23! 2nd floor is vacant. 3rd floor is rented for $1 000 and is also M2M. AGENTS PLEASE READ AGENT to AGENT REMARKS Seller owns a large portfolio and is selling assets on an as-is, where-is basis. Inspections for informational purposes only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.
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Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.430.1467
Leigh.Whiteman@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $308,000 | $308,000 | $308,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.518% |
Monthly Tax Payment | $508 | $508 | $508 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,101 | $2,047 | $2,641 |
Total Monthly Payment | $2,684 | $2,630 | $3,224 |
* 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.