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Rare Investment Opportunity: Prime Five-Family Home on Quiet Cul-de-Sac Unlock the potential of New Haven's thriving rental market with this exceptional multi-family gem located at 54 Judith Terrace. Tucked away at the end of a peaceful cul-de-sac, this substantial five-unit property offers the perfect blend of privacy, stability, and high-yield potential-making it a crown jewel for any investment portfolio or an ideal setup for an owner-occupant looking for significant rental offset. The Property Highlights: Proven Unit Mix: The building features a highly desirable configuration of four spacious 2-bedroom units and one cozy 1-bedroom unit. This mix is perfectly positioned to capture the strongest segment of the New Haven rental market. Serene Setting: Unlike typical urban multi-families, 54 Judith Terrace sits on a quiet, low-traffic cul-de-sac. This "hidden gem" location is a major draw for long-term tenants seeking a sense of community and peace without sacrificing city convenience. Strategic Location: Located in the 06513 zip code, you are minutes away from the vibrant energy of Downtown New Haven, Yale University, and the Medical District. With easy access to I-91 and I-95, commuting is effortless for your tenants.
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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$800,000
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 | $640,000 | $640,000 | $640,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | $1,126 | $1,126 | $1,126 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,735 | $3,889 | $5,187 |
| Total Monthly Payment | $4,953 | $5,107 | $6,405 |
* 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.