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Act Fast. . . This Rare Gem Won't Last! Tucked away on a quiet street in West Haven and just minutes from the University of New Haven, this well-maintained single-family home is a prime opportunity for investors or owner-occupants looking for built-in income. Currently rented to University of New Haven students, the property generates $3, 800 per month in rental income, offering immediate cash flow from day one. The home has been consistently maintained and features city water, city sewer, and efficient natural gas heat, along with a new gas water heater for added peace of mind. Its proximity to UNH, highways, shopping, and local amenities makes it a highly desirable and easily rentable property year after year. The motivated seller is ready and has priced this home to sell quickly. Don't wait, opportunities like this are rare. Contact your agent and schedule a showing today!
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Laminate Floor | Upper |
| Bedroom 2 | Laminate Floor | Upper |
| Bedroom 3 | Laminate Floor | Upper |
| Family Room | Laminate Floor | Lower |
| Full Bath | Tile Floor | Main |
| Full Bath | Tile Floor | Upper |
| Kitchen | Tile Floor | Main |
| Living Room | Hardwood Floor | Main |
| Primary Bedroom | Hardwood Floor | Main |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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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 | $304,000 | $304,000 | $304,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | $634 | $634 | $634 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,679 | $1,823 | $2,444 |
| Total Monthly Payment | $2,388 | $2,532 | $3,153 |
* 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.