Nestled in the heart of Port Jervis, a town known for its historic charm and scenic surroundings, sits this 2-story home that could also be zoned soft commercial! Priced to sell, this property is a diamond in the rough, perfect for those with a vision for transformation. With 3 bedrooms, 1 bath, formal dining room, full basement, carport and a finished attic, this home has immense potential waiting to be unlocked. This property is in need of renovation, making it an ideal project for those looking to customize a home to their taste. Whether you're an investor looking for rental income or a flipper seeking a profitable project, this property offers the potential for a great return on investment. Purchase the home to live in or as investment property for rental income. MLS 6270339 MOTIVATED SELLER!!
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $127,920 | $127,920 | $127,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $305 | $305 | $305 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $851 | $850 | $1,097 |
Total Monthly Payment | $1,230 | $1,229 | $1,476 |
* 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.