|
|
Presented by
The Gulino Team |
For over 70 years, this distinguished East Rock residence has been more than just a multi-family home; it has been the setting for a lifetime of memories Now, for the first time in seven decades, this cherished property offers a rare chance for a new owner to steward its future. The first-floor owner's unit exudes vintage charm paired w/ modern comforts. Step inside to find a spacious dining room adorned w/ beautiful original built-ins, an inviting eat-in kitchen equipped w/ a dishwasher. W/ the addition of Central Air, this home ensures comfort through every New Haven season. Both the first & second-floor units mirror one another, currently configured as comfortable two-bedroom apartments w/ the potential to easily flex into three-bedroom layouts. The second floor-long occupied by a beloved family member-will be empty & ready for your vision or a new tenant by mid-July. Meanwhile, the third-floor unit is currently utilized as a one-bedroom, this space holds untapped potential-with the right touch, it could easily transform into a two-bedroom unit, maximizing the property's investment yield. The home features replacement windows throughout & newer efficient gas furnaces servicing the first & second floors. W/ separate utilities, a private driveway providing ample off-street parking, & dedicated washer/dryer hookups in the basement, this house is designed for effortless management. See additional comments. . . Location is everything, & this home places you in the epicenter of the East Rock experience. You are mere moments away from the prestigious Yale University campus, the vibrant local eateries & boutiques that give the neighborhood its unique personality, & immediate access to I-91 for an easy commute. Whether you are an investor looking for a high-demand rental in a prime location, or someone seeking to live in one unit while offsetting your mortgage, this East Rock gem is a rare find. It is not just an investment in property; it is an investment in a neighborhood that only appreciates in value & charm.
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:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$749,900
Sales Associates
William Raveis Real Estate
Phone: 860.655.7004
Santo.Gulino@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $599,920 | $599,920 | $599,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $1,116 | $1,116 | $1,116 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,645 | $3,788 | $4,982 |
| Total Monthly Payment | $4,853 | $4,996 | $6,190 |
* 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.