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Presented by
Team AFA - Darien |
This large 5 unit in convenient New Bedford north location close to train station is a must see. It is owner occupied on the first level. Everything has been remodeled in the past 2 years including kitchens, baths, new walls and ceilings, wiring, state of the art heating systems for 1st and 2nd levels, new space heaters on 3rd level and new appliances. The halls have new carpeting. Coin Op washer and dryer in the basement create an added feature. Off street parking is available and the generous size yard is fenced in with an above ground pool. Added features include replacement windows, blown in insulation and a 5-year new roof. The home has been deleaded. This home would be ideal for an owner occupy property. Live in the spacious 4-bedroom 2 bath first floor apartment and collect rents from the remaining 4 units.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
Luxury Properties Specialists
William Raveis Real Estate
Phone: 203.256.3264
Al@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $614 | $614 | $614 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,451 | $5,833 | $8,101 |
| Total Monthly Payment | $6,190 | $6,572 | $8,840 |
* 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.