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Presented by![]() Yochi Melnick |
*** Amazing 2 family property, good location and plenty of parking. . . *** OPEN HOUSE SATURDAY 4/12 - 2: 00-4: 00PM AND SUNDAY 4/13 - NOON - 2: 00PM *** Look no further. You have found the perfect investment opportunity! This well maintained 2 family home is located near Downtown Framingham and it will not last. Hurry. Amazing opportunity to own this 2 Family as an owner occupant or investment for cashflow. Plenty of parking space. Lot size with potential to build garages to increase rental income. (City must approve it). Roof about 6 years old. Same for electrical and siding and floors, painting and kitchen and bathroom updates. Furnace fairly new and well maintained. First floor unit with 2 beds and one living room that can be used as another bedroom. New appliances and washer and dryer (coin operated) in the basement. Second floor unit has 1 bedroom plus 2 bedrooms upstairs on the third floor. Property sold AS IS.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 239.269.6527
Yochi.Melnick@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | $489 | $489 | $489 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,454 | $3,788 | $4,899 |
Total Monthly Payment | $4,035 | $4,369 | $5,480 |
* 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.