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Space, functionality, and meaningful improvements in one of New Haven's most sought-after neighborhoods. This 4-bedroom, 3. 5-bath home features approximately 2, 370 square feet of living space, including a spacious primary suite with a walk-in closet and full bath, generously sized living and dining areas, a dedicated laundry room, a finished lower level, and a detached two-car garage. Over the past few years, the property has undergone extensive upgrades focused on efficiency, comfort, and long-term maintenance. Improvements include energy-efficient double-pane windows, a heat pump HVAC system serving the second floor, upgraded electrical components, updated mechanicals, environmental remediation, drainage improvements, sewer line upgrades, a lined chimney with a wood-burning stove, and numerous interior and exterior enhancements. Additional features include refinished hardwood floors, updated lighting, refreshed kitchen finishes, modern appliances, interior painting and flexible living spaces that can easily accommodate today's work-from-home and multi-generational lifestyles. Located in the heart of Westville, residents enjoy easy access to Edgewood Park, Yale University, local cafes, restaurants, farmers markets, art galleries, and downtown New Haven. For buyers seeking a home where the major improvements have already been completed, 31 McKinley Avenue presents a unique opportunity to enjoy character, space, and modern efficiency in one exceptional package.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $615,200 | $615,200 | $615,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $977 | $977 | $977 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,684 | $3,838 | $5,068 |
| Total Monthly Payment | $4,753 | $4,907 | $6,137 |
* 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.