|
|
*HIGHEST AND BEST OFFERS DUE BY SUNDAY, 5/17 at 5PM. * Welcome to this well-maintained two-family home in the heart of West Haven, offering a fantastic opportunity for both owner-occupants and investors alike! This property features an updated and spacious first-floor unit with 2 bedrooms and 1 full bathroom that will be delivered unoccupied, making it perfect for an owner occupant or a new tenant of your choosing. Hardwood floors are beneath the carpet in the first floor living room, as well as a wood burning fireplace adding warmth and charm. The second-floor unit offers 1 bedroom and 1 full bathroom and is currently tenant occupied with a yearly lease in place at $950/month, providing immediate rental income. Major updates throughout the property provide peace of mind, including newer windows, a newer roof (approximately 4 years old), a newer high-efficiency hot water heater, and a newer washer and dryer in the basement with walkout access for added convenience. Outside, you'll find a recently redone driveway and a newer garage door installed within the last two years. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this solid multi-family checks all the right boxes.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$375,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $675 | $675 | $675 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,727 | $1,921 | $2,491 |
| Total Monthly Payment | $2,477 | $2,671 | $3,241 |
* 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.