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Presented by
Barbara Rosas |
Well-maintained multi unit property featuring strong income potential and recent major improvements throughout. The first-floor unit offers 4 bedrooms and 1 bathroom and is currently rented on a month-to-month basis. The second floor includes a 2 bedroom, 2 bath unit also rented month-to-month, plus an additional vacant studio-style 1 bedroom unit providing flexibility for owner occupancy or additional rental income opportunities. The property was completely remodeled under current ownership and updates include new windows, doors, siding, roof, insulation and mini-split systems installed in each unit. The property also features separate laundry areas for each unit located in the basement. Conveniently located with easy access to major routes and the Mass Pike. A great opportunity for investors or owner-occupants seeking a property with updated systems and flexible living arrangements.
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Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
Sales Associate
William Raveis Real Estate
Phone: 413.285.0505
Barbara.Rosas@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 413.626.5626
Michele.Welch@raveis.com
NMLS Mortgage Loan Originator ID 293220
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $354 | $354 | $354 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,586 | $2,655 | $3,488 |
| Total Monthly Payment | $3,032 | $3,101 | $3,934 |
* 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.