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Opportunity Knocks in Boston’s RED-HOT Hyde Park Readville Neighborhood! This SOLID 3-family is Ideal for Both Savvy Investors and Owner-Occupants. The Spacious First-Floor 2-bedroom Unit is Vacant and Ready for Your Updates—Create your Dream Space or Boost Rental Income. The Two Upper One-bedroom Units are Currently Rented to Long Term TAW at Well UNDER-MARKET-RATES, Offering Major Upside. With All Units Updated and Rented at Market Value, The Cash Flow Potential Here is EXCELLENT (A Conservative Possible 3200+2000+2000 = $7200++ A Month!), and Don't Forget the Strong Long-term Equity Growth. Walk to the Readville T Station, Enjoy Quick Highway Access (under 10 mins!), and be Just Minutes from Dedham, Legacy Place, and More!!. There is Already STRONG INTEREST!—Don’t Miss Out! This is Your Chance to Secure a Great Property in One of Boston’s Most Connected Locations. Open House Saturday, 5/17 from 11 AM to 1 PM -- Be Ready to Submit Your Highest and BEST Offer—This House Will NOT Last
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Our Executive Mortgage Banker:
Our Insurance Division:
$885,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $708,400 | $708,400 | $708,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.309% |
Monthly Tax Payment | $716 | $716 | $716 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,078 | $4,536 | $6,026 |
Total Monthly Payment | $4,886 | $5,344 | $6,834 |
* 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.