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A tremendous opportunity to own a well-maintained duplex in the heart of the village of Warwick. This property is situated in a choice location with close proximity to all of the amenities Warwick has to offer. Each tri-story unit has been updated throughout the years while also maintaining the historical charm of a period home. Both units feature original gleaming hardwood floors throughout the main and second levels as well as upper level and lower-level rear decks. They also provide a kitchen and living room on the main level along with two bedrooms and full bath on the second level as well as a bonus room on the lower level with an additional full bath and walk-out to the rear yard. The lower level of each unit also provides additional storage space and a washer/dryer. The kitchens of each unit are well appointed with ample storage, stainless steel appliances, and dining area. On the second level, the bedrooms each provide their own unique views with the front bedrooms looking out towards Lewis Park and the rear providing a view of the yard. Upon taking a tour, you will notice the numerous upgrades throughout including lighting, central AC, updated bathrooms and so much more. Truly a gem of a home in a most desirable location with off street parking, walking distance to shops, restaurants, schools, bus stop, parks and library. Options to add this to a growing portfolio, live in one side and rent the other or a short-term rental investment.
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$689,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $551,200 | $551,200 | $551,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $677 | $677 | $677 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,044 | $3,261 | $4,395 |
| Total Monthly Payment | $3,813 | $4,030 | $5,164 |
* 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.