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Located in the bustling Fair Haven area of New Haven, this well-maintained 3-family home offers an incredible opportunity for both investors and first-time homebuyers alike. Situated in a residential neighborhood with easy access to local commercial amenities and the scenic Quinnipiac River, this property combines convenience and potential. Each floor features a spacious two-bedroom, one-bathroom apartment, providing comfortable living spaces with natural light. The home includes a finished basement, perfect for a variety of uses, and an additional full bathroom for added convenience. Three-car garage with additional off-street parking. Private, fenced-in yard with a beautiful patio, perfect for entertaining and featuring a cozy fireplace. Two balconies for added outdoor enjoyment. Natural gas heating and water heater for efficiency, the whole house is fenced in. Well-maintained, with a great layout for multi-generational living or rental income potential. Whether you're looking to invest or find a charming home with income-generating possibilities, this property offers a unique opportunity in the Fair Haven area. Schedule a viewing and see all that this property has to offer! Property is easy to show but requires 24-hour notice, Please be mindful. This property has a full finished basement for those who prefer these type of amenities, not for a livable space. The existing garage doesn't have doors. New buyer can install if needed. There is a spacious patio behind the garage. The whole house is fenced in.
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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 | $392,000 | $392,000 | $392,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $718 | $718 | $718 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,478 | $2,575 | $3,282 |
Total Monthly Payment | $3,271 | $3,368 | $4,075 |
* 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.