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Presented by
Carly Alton |
This substantial three-family residence presents as an attractive property offering a compelling opportunity for discerning proprietors as rental income, a strategic condo conversion or owner occupancy. Each of the 3 expansive units features a modern layout, benefiting from a comprehensive gut renovation performed circa 2006. Modern mechanicals include separate forced-air gas heating and central air conditioning for every unit, alongside the convenience of private in-suite laundry hook-ups. The exterior provides an advantage with two dedicated parking spaces at the rear, making an attractive addition to any investment portfolio or condo conversion project. Strategically located for high rental demand, the home is ~0. 5 miles from both the Green & Orange Line. It offers effortless access to the VA Medical Center, Longwood Medical Area, and several major universities. The property can be delivered vacant in June, allowing for market-rate leasing or any desired improvements of all units.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,575,000
Sales Associate
William Raveis Real Estate
Phone: 203.214.7330
Carly.Alton@Raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $1,260,000 | $1,260,000 | $1,260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,383 | $1,383 | $1,383 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,056 | $7,656 | $10,548 |
| Total Monthly Payment | $8,564 | $9,164 | $12,056 |
* 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.