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Here is your chance to own a low maintenance, nicely updated multi family that has the look and feel of a single family and the benefit of rental income. This property offers a large yard and a detached 2 car garage. With features such as a newer roof on the house, vinyl siding and vinyl windows, two updated units, this property can make ownership easy and headache free for a good amount of time. The first floor unit has 2 large bedrooms with nice hardwoods, fresh paint and modern light fixtures. It's Kitchen has new vinyl flooring, fresh paint and granite counters with a tile backsplash. The second floor unit has 1 bedroom with hardwoods also, its kitchen has stainless appliances, stone counters and tile backsplash and a good amount of storage. Both bathrooms ( first and second units ) have tiled floors and tiled shower surrounds. There is also an additional room in the basement with a closet and heat for additional flexible space.
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$450,000
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 | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | $342 | $342 | $342 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,044 | $2,158 | $2,894 |
| Total Monthly Payment | $2,461 | $2,575 | $3,311 |
* 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.