25 Derussey Lane, Cornwall, NY, 12518 | $400,000

Are you looking for a house in Cornwall? Come see this 4 bedroom, 3 bath home with tons of potential on a large, very private lot in a Blue Ribbon School District. The prospective high resale value makes this property perfect for real estate investors or for those looking to make a home their own while in a great financial position for the future. This 2, 100 sq ft house, on almost 1 acre of land, features a wraparound porch extending to 3 sides of the house and which leads to a large lower-level deck where you can entertain or sit & relax in the private peacefulness of the woods while enjoying beautiful mountain views. Enter the house into a spacious eat-in kitchen overlooking the deck. Off the kitchen is a dining room complete with a corner fireplace and large windows. Also off the kitchen, you'll find a generously sized, open living room with an oversized bay window along one wall. A bathroom with laundry hookups and full bath potential completes the first floor. The second floor features a primary bedroom, also with an oversized window, en suite bathroom, and walk-in closet; and three additional bedrooms and a full bath. There is also an unfinished, partial basement and an attic for additional storage. Additional Information: HeatingFuel: Oil Above Ground,

Features

  • Amenities: Park
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: Inside
  • Year Built: 1924
  • Heating: Oil, Steam
  • Cooling: Central Air
  • Basement: Full, Walk-Out Access
  • Approx Sq. Feet: 2,112
  • Acreage: 0.96
  • Est. Taxes: $10,310
  • Lot Desc: Near Public Transit, Near School, Near Shops, Views
  • View: Mountain(s)
  • Elem. School: Lee Road
  • Middle School: Cornwall Middle School
  • High School: Cornwall Central High School
  • School District: Cornwall
  • Appliances: Refrigerator, Oil Water Heater
  • MLS#: H6262508
  • Days on Market: 282 days
  • Website: https://www.raveis.com
    /prop/H6262508/25derusseylane_cornwall_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Tactical Realty LLC   Phone: 845-218-5000

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

25 Derussey Lane, Cornwall, NY, 12518

$400,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $320,000 $320,000 $320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment $859 $859 $859
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,156 $2,127 $2,699
Total Monthly Payment $3,090 $3,061 $3,633

* 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.