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This legal two-family home offers exceptional flexibility and income-producing potential across three spacious levels. Situated on a corner lot, the property features multiple private entrances, making it ideal for owner-occupants, extended living arrangements, or investors seeking additional rental income. The fenced backyard includes a covered patio with awning, three mature peach trees, a storage shed, and a two-car driveway. The main level features a cozy kitchen with stained cabinetry, wood countertops, gas stove, microwave, pantry, and space for a breakfast table. A full bathroom off the kitchen includes a separate soaking tub, corner glass shower, and single vanity. This level also offers a living room, dining area, secondary bedroom, and a spacious primary bedroom with an additional sitting area perfect for a dressing room, office, or oversized closet. The upper-level apartment includes three bedrooms, one full bathroom with tub/shower combo, and a secondary kitchen complete with gas stove, refrigerator, sink, mixed stained and white cabinetry, plus room for a breakfast table. Two bedrooms include closets, while the third provides flexible use as a bedroom, office, or bonus room. The home is equipped with steam heat powered by a gas boiler, a 2016 water heater, two gas meters, and separate electric breakers servicing both the first and second floors. Additional highlights include a full unfinished attic, heat-only thermostat system, and separate side entrance providing direct access to the basement and upper level. With its versatile layout, separate utilities, and legal two-family designation, this property presents a rare opportunity for both comfortable living and strong investment potential.
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Our Executive Mortgage Banker:
$950,000
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 |
|
|---|---|---|---|
| Loan Amount | $760,000 | $760,000 | $760,000 |
| 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 | $507 | $507 | $507 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,256 | $4,618 | $6,362 |
| Total Monthly Payment | $4,855 | $5,217 | $6,961 |
* 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.