Looking for a lover of history to preserve and rehab this historic structure which was an integral part of Ancram's storied past. The Tinsmith House was built in the 19th century and served as the location of the local tinsmith shop as well as a general store and a residence. The structure sits at the crossroads of Route 82 and County Route 7 in the historic Ancram hamlet. The property requires a total rehab and is not currently habitable. Property is located in the Hamlet Business/Residential zone which offers other possibilities in addition to a residence such as antique store, art gallery, retail store or office. OWNER FINANCING available.
1320 County Route 7, Ancram, NY, 12502
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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