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Presented by
The One Team |
NEW CONSTRUCTION in Cushman Village area of Amherst, high rental market. This 2, 532 sq ft 2 family home includes 2 units. Unit 1 is 886 sq ft total. This unit features 2 bdrms on the 2nd floor + 1 large bathroom and storage space, on the 1st floor there is a fully loaded kitchen, dining space, living room, back deck with glass slider, half bathroom, washer and dryer and garage with added storage/mudroom area. This unit includes a poured slab crawl space. Unit 2 is 1, 646 sq ft with 5 bedrooms on the 2nd floor including a master suit with walk in closet and private bathroom, 4 other bedrooms includes closets and a large double vanity bathroom to share. The 1st floor includes a loaded kitchen, dining space, living room, glass sliders to a back deck, washer/dryer, mudroom, half bath, garage, and poured slab walk out basement. Bus stop across the street. Ready for occupancy August, live in one unit and let the 2nd carry your costs or hold both as turnkey investment units!
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$995,000
Sales Associates
William Raveis Real Estate
Phone: 860.850.0500
OneandCompany@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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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 | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,520 | $4,901 | $6,717 |
| Total Monthly Payment | $4,612 | $4,993 | $6,809 |
* 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.