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Submit H&B by 2/6/26. Allow seller to review offers and documentation by 2/13/16 at the latest. Outstanding owner-occupant opportunity in Hartford! This beautifully constructed, brand-new two-family home offers generous layouts ideal for buyers seeking to live in one unit while offsetting costs with rental income from the second unit. Each residence features 3 spacious bedrooms, 2 full bathrooms, and a private garage, thoughtfully designed for modern comfort and everyday functionality. Enjoy bright, open living areas, contemporary floor plans, and brand-new finishes throughout. Located in a desirable Hartford neighborhood with convenient access to shopping, downtown, highways, public transportation, schools, and parks, this property offers excellent accessibility and long-term tenant demand. This new construction provides peace of mind, flexible living options, and strong rental potential. Owner-occupancy is required. Income limits apply for qualified owner-occupants: 1 person: $85, 300 2 persons: $97, 500 3 persons: $109, 700 4 persons: $121, 800 5 persons: $131, 600 6 persons: $141, 300 7 persons: $151, 100 8 persons: $160, 800 To be considered, offers must include lender approval, a GHAR purchase contract with no escalation clauses, fully executed property disclosures, and tax documents from the past two years (W-2s and 1040s). Offers missing any required documentation will not be considered.
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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 | $319,999 | $319,999 | $319,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.304% | 5.628% |
| Monthly Tax Payment | $194 | $194 | $194 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,842 | $1,944 | $2,593 |
| Total Monthly Payment | $2,111 | $2,213 | $2,862 |
* 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.