Presented byDanielle Smith |
This 1918 gem presents a one of a kind opportunity for new a business (1031 option) to own their place in history! Sellers are motivated, and open to reasonable offers from committed buyers. Above list appraisal is also available upon request. Situated on a prime corner lot, walking distance to 5 points, this property also has a desirable 'live-work' CRO designation for enhanced versatility. Centrally located in the Riverside/Avondale historic district, the new owners will enjoy a plethora of shopping, dining & entertainment options in this walkable & vibrant neighborhood! After a meticulous two-year restoration, this historic and stately property is move in ready! Upon entry, guests are welcomed by a plethora of charming features including: a grand fireplace, gleaming hardwood floors, soaring coffered ceilings, and amazing historic windows blended seamlessly with modern updates! You really have to experience it in person, request your showing appointment today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
Sales Associate
William Raveis Real Estate
Phone: 203.209.9710
Danielle.Smith@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.521.7207
Christine.Preston@raveis.com
NMLS Mortgage Loan Originator ID 90874
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $585 | $585 | $585 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,415 | $4,248 | $5,481 |
Total Monthly Payment | $5,092 | $4,925 | $6,158 |
* 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.