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The Bellevue Portfolio, located at 4, 10, 20, 26, & 30 Bellevue Ave, is comprised of six (6) 2-Bedroom/1-Bathroom units and twenty-four (24) 1-Bedroom/1-Bathroom units with 22, 704 square feet of gross living area in 30, 272 square feet of gross area. 4 Bellevue Ave contains six (6) 2-Bedroom/1-Bathroom units while 10, 20, 26, & 30 Bellevue Ave contain six (6) 1-Bedroom/1-Bathroom units each. The Portfolio is spread across 0. 9-acres of land and offers ample off-street parking with thirty (30) spaces across the paved lots behind the Properties, in addition to three (3) free standing garages, offering a total of six (6) additional covered spaces behind 20, 26 and 30 Bellevue Ave. The Properties are separately metered for electricity and gas-fired heat and hot water, which the tenants pay directly. The Landlord is responsible for 20 Bellevue Ave gas-fired hot water, and common electric and domestic water and sewer for the Portfolio. Properties can be purchased as a portfolio or separately.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,960,000 | $3,960,000 | $3,960,000 |
| 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 | $4,085 | $4,085 | $4,085 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $22,175 | $24,061 | $33,150 |
| Total Monthly Payment | $26,385 | $28,271 | $37,360 |
* 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.