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Presented by
Michael Conroy |
To make this your own business site, opportunity arise here at this prime business location. Former Rendezvous Lounge, this can be easily turned into another restaurant with liquor service, also good for many other kind of business. Use your imagination to complete this beauty, it needs plenty of works to make this a future attraction. Landlord is ready to give long term lease and in favorite of some rent exemption for the construction period. This main street carries a lot of traffic and strolling passengers, many restaurants & other popular shops already exist in the area for many years. that would generate some future clients. The place needs total renovation from head to toe. Easy to show & negotiate with so many possibilities. Will be leased "as is" condition. Lessee's own due diligence for all permits & licenses. Rent exemption is negotiable.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,000
Sales Associate
William Raveis Real Estate
Phone: 860.729.8250
Michael.Conroy@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $4,800 | $4,800 | $4,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.292% | 5.561% |
| Monthly Tax Payment | $1,617 | $1,617 | $1,617 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $28 | $29 | $39 |
| Total Monthly Payment | $1,720 | $1,721 | $1,731 |
* 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.