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Presented by
The Lucci Witte Team |
An exceptional income producing-producing asset awaits, featuring two separate single-family homes on one lot, perfect for maximizing rental income or owner-occupancy with income. The front house offers 4 bedrooms and 2. 5 bathrooms, with a flexible layout featuring 2 bedrooms and a full bathroom on the first floor, and 2 additional bedrooms and another bathroom on the second floor; it also includes an updated kitchen and an attached 1-car garage. The newer rear house, built in 2015, boasts a modern layout with 4 bedrooms and 2. 5 bathrooms. Its main level features an updated kitchen and a large living room, while the second level includes a primary bedroom with an ensuite, three additional bedrooms, and another full bath. A finished third level provides a large rec room plus an additional room ideal for an office. This home is complete with a 2-car garage and a private patio that opens to the yard. This unique property provides flexibility, modern amenities in the newer construction, and incredible potential for investors seeking two distinct income streams.
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$1,325,000
Sales Associates
William Raveis Real Estate
Phone: 978.273.0099
TheLucciWitteTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,060,000 | $1,060,000 | $1,060,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.750% | 5.625% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.878% | 5.732% | 5.555% |
| Monthly Tax Payment | $1,395 | $1,395 | $1,395 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,529 | $6,102 | $8,591 |
| Total Monthly Payment | $7,049 | $7,622 | $10,111 |
* 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.