Mixed-use Building in the heart of Highland Mills has high visibility on Route 32 with a 15-space parking lot and an accessible entrance. 1250sqft first floor is currently set up as a professional office with a full kitchen breakroom, half bath and separate private office. Second floor, 1300sqft, apartment was established in 2018 with 2 bedrooms and 1 full bathroom. Apartment kitchen features quartz counters, recessed and under cabinet lighting and stainless steel appliances. Off of this kitchen is a Trex deck with vinyl railing and electric awning. High ceilings throughout the apartment with exposed beams, ceiling fans and natural light through many custom windows. Full basement suitable for ample storage. Other features included: whole building generator, on-demand hot water (2018), water softener, LG Washer and Dryer, fenced-in side yard, irrigation system, detached garage with separate workshop including split unit for heating/cooling, both building heating units replaced in 2020. Close to major highways, Woodbury Common, Woodbury Recreation and surrounded by businesses, offices and residential homes. Whether you occupy or rent, the possibilities are endless with the opportunity to own this building.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $1,129 | $1,129 | $1,129 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,152 | $5,665 | $7,640 |
Total Monthly Payment | $6,406 | $6,919 | $8,894 |
* 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.