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This property is an amazing opportunity for a first time buyer or investor as maintenance costs are low and updated with new equipment! Amazing well up-kept and maintained Two Family home on a double sized lot offering low maintenance costs with reliable and high income. Property features 2 Electric and 2 Gas Meters. Reliable Weil Mclain Oil Boiler is 3 years old and is serviced every year, Tankless Rinnai hot waterunit is 2 years old and provides a great cost savings to property owner. Front Rear and Side Roofing has been replaced and it 3 years old, Garage Roof is 2 years old. Main chimney was repointed last year. First Floor Features an oversized 1 bedroom apartment with an office space in the front. First Floor was completed renovated with new floors, walls, plumbing, electrical and oversized shower. Rear door leads to double sized backyard. Second floor is a duplex set up with 3 large bedrooms, new carpet and soundproofing, brand new full gutted bathroom updated kitchen and living room. New blow in insulation on ceiling and walls on third floor. Front steps are new and offers beautiful granite and brick staircase along with a fence and iron rails only 3 years old. Large driveway and backyard is accompanied with a large two car garage. Basement has separate outdoor entrance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$925,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $740,000 | $740,000 | $740,000 |
| 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 | $441 | $441 | $441 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,144 | $4,496 | $6,195 |
| Total Monthly Payment | $4,677 | $5,029 | $6,728 |
* 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.