Welcome to 118 Cedar Hill – your ideal spot for comfortable and convenient multifamily living in the heart of New Haven. This property is a great investment opportunity, offering a mix of modern comforts and classic charm. The location is perfect, close to schools, jobs, and fun places in the city. Each apartment at 118 Cedar Hill is spacious and well-lit, giving you a cozy place to call home. The building has a timeless look, and with a bit of fixing up, it has the potential to be a solid investment. Whether you're looking to upgrade kitchens, common areas, or add some eco-friendly features, there are lots of possibilities. This place is friendly for both residents and investors, and it's close to all the cool stuff in New Haven. You've got restaurants, cultural spots, and parks nearby, making urban living super convenient without losing that neighborhood feel. Come take a look – 118 Cedar Hill might be the perfect place for you!
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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 | $295,920 | $295,920 | $295,920 |
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% | 6.538% |
Monthly Tax Payment | $502 | $502 | $502 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,019 | $1,967 | $2,537 |
Total Monthly Payment | $2,596 | $2,544 | $3,114 |
* 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.