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BRAND NEW ROOF on this well-built 2-family home set in the heart of the Edgewood Park area! Perfect for an owner-occupant, multi-generational family, or an investor looking to expand their portfolio, this property offers lots of value-add opportunity. With 3, 326 sq ft, 14 rooms beaming with charm, character and timeless warmth, this home captures hearts the moment you step inside. Solid bones and classic craftsmanship is something that you simply don't find in today's construction - a rare gem that tells a story in every detail. Coffered ceilings, stained glass windows, decorative inlay-bordered hardwood floors are just a few of the perks of this treasure. The first floor encompasses 2 bedrooms, 1 full bath, fireplaced living room and dining room. The second unit makes up two floors of endless living space with 6 bedrooms, 2 full baths and a fireplaced living room and dining area. WOW! So much space PLUS a 3-car detached garage (extra rental income for value-add) and a large private yard enclosed on 3 sides that can easily be gated for a play area for your family pets! Don't miss the opportunity to own a solid investment in New Haven's sought-after neighborhood. Property is being sold "AS-IS, Where-Is". All reasonable offers will be reviewed.
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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 |
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|---|---|---|---|
| Loan Amount | $495,200 | $495,200 | $495,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $771 | $771 | $771 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,890 | $3,009 | $4,013 |
| Total Monthly Payment | $3,753 | $3,872 | $4,876 |
* 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.