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Discover the perfect blend of comfort and opportunity at 61 Van Den Noort Street in Putnam. This spacious two-family home is ideal for those seeking both a comfortable residence and a way to offset living expenses. The main level offers a well-designed 3-bedroom, 1-bath layout with approximately 1, 300 square feet of living space, providing the feel of a single-family home. Washer and dryer hookups are available in both units for added convenience. The upper unit spans the second and third floors and features 5 bedrooms and 2 full bathrooms across nearly 2, 000 square feet. With a strong rental history and a lease close to market value, this unit offers excellent income potential. Whether you're looking to live in one unit while renting the other or add to your investment portfolio, this property delivers flexibility and value. Located just minutes from Putnam's restaurants, shops, and amenities, the property also offers easy access to Route 44 and I-395. It's conveniently positioned about 30 minutes from Providence, under 45 minutes to Worcester, and approximately one hour from Hartford. With generous space and a prime location, this is a standout opportunity in northeast Connecticut.
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William Raveis Real Estate
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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 | $447,999 | $447,999 | $447,999 |
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 | $578 | $578 | $578 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,906 | $3,018 | $3,841 |
Total Monthly Payment | $3,576 | $3,688 | $4,511 |
* 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.