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This first-floor apartment offers 1, 100 square feet of living space with a total of three bedrooms. There are two large bedrooms, 1 bedroom perfect for a small office or toddler, and one full bathroom. The rent is $2, 000 per month, with a security deposit equal to two months' rent and a one-year lease term. Tenants are responsible for electricity, gas, and heat. Smoking is not permitted, and pets are allowed with a $35 monthly pet rent. The apartment includes a refrigerator and stove, with washer and dryer access located in the basement (no storage provided). The building was offers two off-street parking spaces per unit. The property is conveniently located near Linden Street School, Middle School of Plainville, and Plainville High School. Applicant requirements include a minimum credit score of 650, no prior evictions, background check, no smokers, and verifiable income equal to three times the rent.
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Bedroom 2 | Main |
| Dining Room | Main |
| Full Bath | Main |
| Kitchen | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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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 |
|
|---|---|---|---|
| Loan Amount | $1,600 | $1,600 | $1,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $9 | $10 | $13 |
| Total Monthly Payment | $84 | $85 | $88 |
* 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.