Presented byJennifer Warchal |
OPPORTUNITY!! Use your creative vision to transform this property into something even more remarkable. Whether you are a builder, developer, investment buyer or looking for a multifamily purchase. Located in a highly sought-after neighborhood, within walking distance of Main Street and all it offers- including public transit options. The property features an abundance of off-street parking and not your average spacious yard, this bonus could be viewed as underutilized space. The possibilities here are awesome! Also not to forget the underutilized space within the units themselves as well as in the basement. Public record classifies this as 4 beds but use your creativity as The 1st floor includes kitchen, 1 bath, dining room, living room, and 2 bedrooms. The 2nd floor includes kitchen, living room, dining room, 2 beds, 1 bath, back sunroom, a front room den that leads to the front porch and the entrance to the attic with another guest sitting room and separate storage room.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 617.721.6922
Jennifer.Warchal@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.748% | 6.474% | 6.036% |
Monthly Tax Payment | $875 | $875 | $875 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,132 | $6,738 | $9,041 |
Total Monthly Payment | $7,132 | $7,738 | $10,041 |
* 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.