|
Presented by![]() Robert Heitz |
Discover a fantastic investment opportunity at 188 Butler Street in Hamden, CT. This well-maintained four-unit multifamily property offers a total of 10 bedrooms and 4 bathrooms across 3, 178 square feet of living space. Each unit features 2 to 3 bedrooms, providing spacious and comfortable layouts that appeal to a variety of tenants. Built in 1950, the property seamlessly blends classic charm with modern updates, making it a great option for investors or owner-occupants. Fully rented, this property presents a strong income-generating opportunity. Investors have the flexibility to rent all four units or live in one while renting out the others for additional income. Recent renovations have enhanced the property's appeal, including updates to kitchens, bathrooms, and flooring. The second floor features a balcony, offering tenants a private outdoor space. Conveniently located in Hamden, the property provides easy access to local amenities and is just a short drive to New Haven, making it attractive to a wide tenant base. Don't miss out on this exceptional opportunity-schedule a showing today!
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:
$615,000
Sales Associate
William Raveis Real Estate
Phone: 978.437.0400
Robert.Heitz@Raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $492,000 | $492,000 | $492,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.303% | 6.510% |
Monthly Tax Payment | $769 | $769 | $769 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,110 | $3,315 | $4,219 |
Total Monthly Payment | $3,971 | $4,176 | $5,080 |
* 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.