|
Fantastic Investment or Owner-Occupant Opportunity – Versatile Two-Family Home with Solar and 4 Car Garage! This well-maintained two-family home offers excellent income potential with comparative rental rates ranging from $1, 900 to $2, 200. A perfect opportunity for investors or savvy owner-occupants—live in one unit and rent the other to offset your mortgage! Inside, you’ll find a warm blend of charm and functionality: Hardwood floors and tall windows let in abundant natural light. Beautiful stained-glass windows in the stairwells add historic character. Updated kitchens and baths freshly painted with modern touches. Separate galleys and pantry-style laundry rooms offer smart storage and workspace. New stove and cabinets in the 2nd-floor unit and new kitchen flooring in the 1st-floor unit. The 2nd-floor unit features solar panels, currently covering all its electricity usage. Also has a finished bonus room with full bath on the 3rd floor with it's own entrance, perfect for a guest suite, office, or private retreat! Located in a desirable neighborhood, the property also features a rare 4-bay garage, (shared driveway) offering additional income potential or ample storage. The property has been occupied by family and there is a lease in place on the 1st floor until Dec. 2025. Showings at EXTENDED OPEN HOUSES ONLY, (5/16) FRI 5-7PM, (5/17) SAT 10AM-12PM, (5/18) SUNDAY 12-3PM ------- NO PRIVATE SHOWINGS Offer Deadline Monday 5/19 6pm.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Insurance Division:
$550,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | $571 | $571 | $571 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,817 | $2,924 | $3,711 |
Total Monthly Payment | $3,480 | $3,587 | $4,374 |
* 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.