Dan Kaercher

Dan Kaercher

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Pending

$1,336,750

($45,879 down)
VA

372 Monroe Street, Monterey, CA 93940

N/A
N/A
1,631 sqft
PITI Monthly
$7,459.55 /mo

Listing courtesy of: Monterey Peninsul..., KW Coastal Estates

Assumed Rate

4.99%
7.15%

Principal & Interest

$7,168 /mo
$9,029 /mo

What's Special

INVESTORS
GREAT CURB APPEAL
DINING
SPACIOUS
FIREPLACE

Attention Investors! You are going to love this classic Monterey craftsman cottage that has three rental units. Located on Spaghetti Hill, just above downtown Monterey, this cottage exudes charm and has great curb appeal. The main house has 3 bedrooms, 2 baths, a living room with a fireplace, a dining room, and a spacious kitchen. It features high ceilings, plaster walls, and detailed wood finishes on the walls, door frames and windows. It even has a peek of the bay! The 2nd unit is detached and has 1 bed, 1 bath, a spacious living area and modest kitchen. The property includes a 1500+ sf basement with an additional bath plus an oversized 1 car garage. It is near Del Monte Beach, Cannery Row, the DLI and MIIS. Move it to your short list!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.99
Remaining Loan Term
27 years, 5 months
Monthly PITI
$7,459.55/mo
Estimated Loan Balance
$1,378,570
Cash to close
$45,879
Interest Paid
$169,078

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: None
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: Duplex
  • Architectural Style: Traditional, Victorian
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1920
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Monterey

Financial Details

  • Price per Sqft: $819.59
  • Tax Annual Amount: $901
  • On Market Date: 2021-11-19T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $45,879 (3%)
You can enter any amount below - secondary financing will cover the difference if needed.
3%
$

You cover the entire equity of $45,879!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.99% Sellers Rate
$1,290,871
Your Cash$45,879
Total Purchase Price:$1,336,750

Assumed vs Traditional Mortgage

Assumed @ 4.99%
$7,168/mo
Traditional @ 7.5%
$9,365/mo
You save $2,197/month ($26,367/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81870742

Listing From:

Last updated: 2024-09-30T18:56:32.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

4.99%
7.15%

Principal & Interest

$7,168 /mo
$9,029 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $45,879 (3%)
You can enter any amount below - secondary financing will cover the difference if needed.
3%
$

You cover the entire equity of $45,879!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.99% Sellers Rate
$1,290,871
Your Cash$45,879
Total Purchase Price:$1,336,750

Assumed vs Traditional Mortgage

Assumed @ 4.99%
$7,168/mo
Traditional @ 7.5%
$9,365/mo
You save $2,197/month ($26,367/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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