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Excellent investment opportunity in Wilton! Built in 2019, this super clean side-by-side duplex offers two well-designed units, each with 992 sq. ft. , 2 bedrooms, 1. 5 baths, a one-car garage under, and central air. The main level features an open concept kitchen to living room area and you will discover SS appliances (fridge, dishwasher, and electric range) in the kitchens of each unit, and a first floor half bath. Upstairs there are two sizable bedrooms, one with an oversized closet, and a full bath and stackable laundry up there as well! The property is served by municipal sewer and private well and features a large, level backyard with plenty of usable outdoor space. Both units are currently rented, generating approximately $4, 100 per month, with tenants paying their own heat, electric, cable, and internet—making this an attractive low-maintenance income property. A terrific opportunity for an investor looking for newer construction and strong rental income in a convenient Wilton location. Day before notice required for showings.
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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 |
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|---|---|---|---|
| Loan Amount | $503,920 | $503,920 | $503,920 |
| 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 | $926 | $926 | $926 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,062 | $3,182 | $4,185 |
| Total Monthly Payment | $4,080 | $4,200 | $5,203 |
* 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.