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Stylishly Renovated 2-Bedroom Condo at Silk Mill – Turnkey & Investor-Friendly! Now available at the sought-after Silk Mill Condominiums, this beautifully renovated 2-bedroom, 1-bath unit combines modern updates with exceptional value. The owner spared no expense, using high-quality finishes and materials throughout: Brand new luxury 22-mil scratch- and waterproof plank flooring Sleek new kitchen with modern cabinets, countertops, and a full suite of new appliances Fully remodeled bathroom featuring a high-tech WFI system Updated lighting with trendy LED fixtures New hot water heater for peace of mind Spacious laundry room with washer and dryer included Enjoy two generously sized bedrooms filled with natural light. With a low HOA fee of just $200/month and annual property taxes around $2, 000, this home is both stylish and budget-friendly. Currently rented at $1, 550/month to a reliable tenant who is happy to stay if desired—ideal for investors looking for instant cash flow. Bonus: Owner is open to financing up to 50% of the sale price for qualified buyers! Located within walking distance to local restaurants, shops, and just minutes to nearby bus and train stations—perfect for commuters. Don’t miss this turn-key opportunity in a prime location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $127,920 | $127,920 | $127,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | $304 | $304 | $304 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $819 | $850 | $1,071 |
Total Monthly Payment | $1,198 | $1,229 | $1,450 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.