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$6000 per month with first and last up front! 14, 000 square foot Vacant lot with Electric available in the heart of Medford, Between 419 and 403 Riverside. . Lease will be month to month / TAW (Tenant At Will) from now probably till at least October 31, 2025. 30 day notice to vacate will be acceptable from either party at any time. First month rent and last month rent to start using immediately. Available now. This property is already leased, and the contracted party believes they will need to access property on or about 11-1-25, this is when your lease would end. This depends on them being successful with all of their permitting. It could take them longer, or there's a chance they might not even be successful… in which case you could continue to rent the property in perpetuity. At the very least this is a place for you to store your equipment, trailers, trucks, Storage containers, etc, NOW and for the next several months till you find another place for your vehicles or storage.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $4,800 | $4,800 | $4,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $363 | $363 | $363 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $31 | $32 | $41 |
Total Monthly Payment | $469 | $470 | $479 |
* 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.