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Presented by
The Whiteman Team |
The Seller asks that interested parties submit Highest and Best offers by 3pm Saturday March 14th. Sweet as can be! This charming Queen Anne-style 2-family home offers several possibilities - convert it back to a single-family residence, live in one unit while renting the other, or rent out both units for strong cash flow. The inviting wraparound front porch and classic architectural lines create wonderful curb appeal. Originally designed as a single-family home, the interior staircase remains in place and could potentially be reactivated for conversion back to a single residence. The property has undergone many improvements, including new windows, new vinyl siding, updated flooring, remodeled kitchen and fresh interior paint. Additional enhancements include newly installed fencing - with privacy fencing along the rear complemented by evergreen plantings - creating a more private outdoor setting. The former two parcels (25 and 15 Driveway) have now been combined into one conforming lot. The first-floor unit offers two bedrooms, a full bath, living room, and kitchen, with direct basement access w/ washer/dryer. The second-floor unit features two bedrooms, a full bath, kitchen, and living room, with access via an exterior rear staircase. Each unit has separate electric service, plus a landlord meter. A large storage barn remains on the property, inviting imagination for its future use. Ideally located with easy access to the Shore Line East commuter train for service to New Haven and New York City. Enjoy a short stroll to the marina and beach, with downtown Guilford just four blocks north offering restaurants, shopping, the library, and community center.
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Sales Associates
William Raveis Real Estate
Phone: 203.672.4400
TheWhiteman.Team@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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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 | $439,200 | $439,200 | $439,200 |
| 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 | $637 | $637 | $637 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,598 | $2,669 | $3,560 |
| Total Monthly Payment | $3,327 | $3,398 | $4,289 |
* 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.