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Under contract-accepting backup offers. House-Hacking & Rental Investment Opportunity!
This unique property offers the perfect blend of modern living and income potential. The main home features three bedrooms and two bathrooms, while the detached two-story in-law suite includes two bedrooms and two bathrooms, making it an excellent option for homeowners looking to offset their mortgage or investors seeking rental income from day one.
Main Home Features:
Spacious three-bedroom, two-bathroom layout
Open-concept design with a modern kitchen and updated appliances
Bright and airy living spaces
Private backyard for relaxation or entertaining
Detached In-Law Suite:
Two-story design with a private entrance
Two bedrooms, two bathrooms, and a full kitchen
Ideal for long-term tenants, Airbnb, or multigenerational living
Previously rented for $1, 200 per month, providing immediate income potential
Located in a highly desirable area close to shopping, dining, and major highways, this property is a rare find that offers both versatility and value. Whether you are looking to live in one unit and rent out the other or maximize your cash flow as an investor, this home is a must-see.
Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$480,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@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 | $384,000 | $384,000 | $384,000 |
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% | 7.050% | 6.132% |
Monthly Tax Payment | $657 | $657 | $657 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,396 | $2,523 | $3,215 |
Total Monthly Payment | $3,128 | $3,255 | $3,947 |
* 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.