Dan Kaercher

Dan Kaercher

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Closed

$200,000

($93,110 down)
FHA

430 NW 2nd Street, Cohasset, MN 55721

N/A
N/A
2,628 sqft
PITI Monthly
$1,042.33 /mo

Listing courtesy of: , Real Broker,LLC

Assumed Rate

4.33%
7.15%

Principal & Interest

$605 /mo
$822 /mo

What's Special

SPACIOUS
DECK

Discover the endless possibilities with this character-filled triplex in Cohasset! You could choose to live in one unit and rent out the others to offset your living costs, or you could rent out all three units as a traditional investment. The main floor features a spacious three-bedroom apartment, while the upper level contains two one-bedroom apartments. The one-bedroom apartments share a common laundry space, whereas the three-bedroom apartment has its own laundry. This property boasts a large yard, a huge covered front porch, and a covered deck off the side of the three-bedroom apartment. With so much to offer, this is a fantastic opportunity you won't want to miss. Check it out today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.33
Remaining Loan Term
23 years, 0 months
Monthly PITI
$1,042.33/mo
Estimated Loan Balance
$135,691
Cash to close
$93,110
Interest Paid
$34,603

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age Over 8 Years, Asphalt
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Triplex
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cohasset
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cohasset

Financial Details

  • Price per Sqft: $76.1
  • Tax Annual Amount: $2417
  • On Market Date: 2024-10-10T00:00:00.000Z
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 $93,110 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $93,110!

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

Loan Breakdown

Assumed Mortgage4.33% Sellers Rate
$106,890
Your Cash$93,110
Total Purchase Price:$200,000

Assumed vs Traditional Mortgage

Assumed @ 4.33%
$605/mo
Traditional @ 7.5%
$853/mo
You save $248/month ($2,980/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6616008

Listing From: northstar

Last updated: 2024-11-26T17:16:02.000Z

© , northstar. 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

4.33%
7.15%

Principal & Interest

$605 /mo
$822 /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 $93,110 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $93,110!

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

Loan Breakdown

Assumed Mortgage4.33% Sellers Rate
$106,890
Your Cash$93,110
Total Purchase Price:$200,000

Assumed vs Traditional Mortgage

Assumed @ 4.33%
$605/mo
Traditional @ 7.5%
$853/mo
You save $248/month ($2,980/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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