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Great investment opportunity in a nice location of Hamden. Current rents are way below market; The 1st floor is available with rent potential $2500. 00 and 2nd floor rented lease rented at 1900. 00. The 3rd floor Month to month rented at $1400. 00 per month. Also, there is a finished unit in the basement for additional month to month rent at $1100. 00. The Heating system and water heaters are updated within the last several Years. The roof is asphalt installed in 2020. There is a total of 5 parking spaces available also for tenants in the driveway. Units are all in good condition and this house with rental generating approx. 83k per year. Please note on the 1st showing you may be only able to get into units 1, 2 and the basement. Will try to get into all units however the 3rd floor may have to be shown in a 2nd showing
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William Raveis Mortgage, LLC
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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 | $439,920 | $439,920 | $439,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.764% | 5.992% |
| Monthly Tax Payment | $1,493 | $1,493 | $1,493 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,673 | $2,817 | $3,653 |
| Total Monthly Payment | $4,258 | $4,402 | $5,238 |
* 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.