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2 Family home has been renovated & is in move in condition! This home has a large fenced yard with plenty of room for both tenants to have private space. 1st fl has beautiful new kitchen with huge island! Recent bath with laundry, mudroom flooring and trex deck to patio. Recent roof, windows, plumbing & water heaters. 2nd fl unit has 3 BRS & it's own in unit wash/dryer. New sky window in main br of sec. fl. New dormer added above tenant main egress. Right now, the tenant uses the temporary garage & has storage closet in mudroom. Two 100 amp circuit breaker panels for each unit. Owner in 1st floor, can move quickly. Tenant on 2nd fl would like to stay. Rent of $1600 for 2nd fl includes heat, hot water and electricity and is very low! Exterior/hall lights tied into 1st fl meter. Home appears to have been extensively rebuilt in the 1980's, but I have not been able to confirm w/ town assessors/building or fire depts.
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William Raveis Mortgage, LLC
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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 | $352,000 | $352,000 | $352,000 |
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 | $271 | $271 | $271 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,283 | $2,371 | $3,018 |
Total Monthly Payment | $2,629 | $2,717 | $3,364 |
* 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.