Listing photo48 Homeside Ave #4West Haven, Connecticut
West Haven, CT 06516 · MLS 24160332
- 2 bd / 1.5 ba
- Bedrooms / baths
- 960 sq ft
- Living area
- 1988
- Year built
"CASH ONLY SALE! Opportunity knocks with this 2-bedroom, 1.5-bath end-unit townhouse offering space, light, and exceptional convenience. This property features an eat-in kitchen with granite countertops, stainless steel appliances, and a dishwasher, perfect for everyday living or rental appeal. Upstairs, both bedrooms boast vaulted ceilings, with a skylight adding natural light and architectural interest. Enjoy outdoor space with two private balconies, plus the added value of an attached garage. Gas heat and gas hot water provide efficiency, while the large basement offers abundant storage potential. Low common Fee Ideally situated just minutes from the University of New Haven, VA Hospital, Yale, Downtown New Haven, and I-95 a commuter's dream with strong investment appeal."
48 Homeside Ave #4 is a 2-bedroom, 1.5-bath home in West Haven, Connecticut listed at $229,000 with 960 square feet, built in 1988. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with at least one completed project puts 10% down ($22,900), we fund the $43,200 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Connecticut or our Connecticut hard money lending page.
From the listing. CASH ONLY SALE! Opportunity knocks with this 2-bedroom, 1.5-bath end-unit townhouse offering space, light, and exceptional convenience. This property features an eat-in kitchen with granite countertops, stainless steel appliances, and a dishwasher, perfect for everyday living or rental appeal. Upstairs, both bedrooms boast vaulted ceilings, with a skylight adding natural light and architectural interest. Enjoy outdoor space with two private balconies, plus the added value of an attached garage. Gas heat and gas hot water provide efficiency, while the large basement offers abundant storage potential. Low common Fee Ideally situated just minutes from the University of New Haven, VA Hospital, Yale, Downtown New Haven, and I-95 a commuters dream with strong investment appeal.
Hard money financing on 48 Homeside Ave #4: what you qualify for.
Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.
- 1. Your score740Qualifies, high-score terms
- 2. Your experience1 to 2 projectsTier 2: 10% down
- 3. Down payment10% down$22,900 at closing
- A 740 or better score on a purchase under $750,000 gets the high-score terms: the loan can reach 90% of after-repair value instead of 75%.
- Experience Tier 2 on 1 completed project in three years: 10% down, 100% of the renovation funded.
48 Homeside Ave #4 priced at the list price.
| Item | Fix and flip: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $22,900 (10%) | |
| Loan at closing | $206,100 | |
| Cosmetic renovation, rough estimate* | We fund $43,200 | |
| Total loan | $249,300 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($3,740) | |
| Appraisal | Required | |
| Estimated monthly interest | $2,026 at full draw | |
| Cash to close, rough estimate | $31,030 | |
Rough estimates at the list price of $229,000 for a 740 score and 1 completed project. This is not a commitment to lend.
*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $45 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.
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