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Presented by![]() Kim Knox |
Timeless Tudor Investment in Historic Mark Twain Neighborhood Step into history with this multifamily gem. Just a stone's throw from 380/2 Laurel St, where the legendary Katharine Hepburn once resided, and a short stroll to the Mark Twain House & Harriet Beecher Stowe Center-where two of America's greatest writers crafted their masterpieces-this property is steeped in culture and prestige. Spanning an impressive 3, 300 square feet, this two-family home presents an exceptional income-producing opportunity. Unit 1 (First Floor - Vacant): 2 beds, 1 bath Unit 2 (Second Floor - Soon to Be Vacant): 4 beds, 2 baths - currently rented for $1, 400/month (Month-to-month) With its classic brick facade, distinctive Tudor architecture, and historical surroundings, this property blends charm and durability, making it a standout investment in the heart of Hartford. Ideal for an owner-occupant looking to offset their mortgage or an investor seeking steady rental income in a prime location. Seize the opportunity to own a piece of Hartford's history while building long-term wealth!
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Luxury Properties Specialist
William Raveis Real Estate
Phone: 978.771.4579
Kim.Knox@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $470 | $470 | $470 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,991 | $2,097 | $2,672 |
Total Monthly Payment | $2,536 | $2,642 | $3,217 |
* 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.