|
Presented by
Brittany O'Hara - Linda's Team |
Classic Brick Mixed-Use Building in High-Traffic Corridor with Maximum Commercial Exposure! Two Blocks South of Jericho Off Rt 110. This dynamic mixed-use property offers incredible flexibility and a steady income stream from both commercial and residential tenants. The building features a versatile main-floor space suitable for retail or office, with multiple separate and private entrances to be configured as either one or two ground floor suites. Past tenants include, hair salon, message therapy, and professional services. With a flexible, open floor plan, the space is ready to be customized for a wide range of business concepts. Walkable nearby businesses include CVS, Starbucks, Chase, Bank of America, Charles Schwab, Best Buy, Ethan Allen, Staples and Much More. With ample parking for tenants this property offers a large gravel parking lot suitable for approximately 12 cars and a side asphalt driveway as well. 1, 300 Sq Ft Second Floor 2 Bedroom Apartment with Fireplace and Large Sunken Living Room with Hardwood Floors Throughout and Eat In Kitchen. The upper-level residential unit is bright and spacious, attracting reliable tenants with a wonderful floor plan and comfortable setting with convenient access to nearby parks, schools, nightlife, and major shopping centers. With a low-maintenance exterior and established residential tenant, this property is a passive income generator ready for your portfolio.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$859,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 860.819.5429
Brittany.OHara@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $687,200 | $687,200 | $687,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.294% | 6.121% | 6.038% |
| Monthly Tax Payment | $2,135 | $2,135 | $2,135 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,795 | $4,120 | $5,753 |
| Total Monthly Payment | $6,022 | $6,347 | $7,980 |
* 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.