|
Handyman Special with Engineering Package & Contractor Proposals – Big Upside! A rare opportunity in the Hyde Park School District featuring a very short walk to the Eleanor Roosevelt National Historic Site—this handyman special comes fully equipped with a complete engineering package for all recommended repairs, plus sub-contractor proposals to help streamline the renovation process. Perfect for investors, flippers, and contractors looking for a project with clarity, direction, and serious profit potential. ? Property Highlights • Full engineering package included outlining structural and repair needs • Sub-contractor proposals provided, giving buyers a head start on renovation planning • Recent appraisal completed, confirming strong upside potential • Located in the Hyde Park Schools • Convenient to major shopping, dining, and commuter routes • Ideal for a flip, rental investment, or custom renovation ?? Why This Property Stands Out The heavy lifting on planning is already done. With engineering guidance and contractor proposals in hand, you can move quickly and confidently. The completed appraisal underscores the value potential once renovations are complete. ?? Perfect For • Investors seeking a project with clear scope • Flippers looking for a high return opportunity • Buyers wanting instant equity after repairs • Anyone who recognizes the value of a property with built in planning and strong neighborhood appeal Bring your vision and take advantage of a turnkey renovation roadmap in a great location with plenty of upside.
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:
$249,900
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 | $199,920 | $199,920 | $199,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $777 | $777 | $777 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,231 | $1,262 | $1,660 |
| Total Monthly Payment | $2,083 | $2,114 | $2,512 |
* 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.