FANTASTIC OPPORTUNITY!! Motivated Seller! Calling all contractors or those willing to put a little sweat equity in to your next home. Multiple structures set on a beautiful serene 2. 5 acres. This property has so much potential for multi family, air bnb or a weekend retreat . As you pull in to the private driveway you will see the first Cottage which has an updated living room and bedroom. The bath and kitchen needs remodeling. There is also an attached garage. The second cottage which is up on the hill on the opposite side of the property has 2 bedrooms and one bath with a separate septic and driveway. This cottage needs full renovation There is an additional Garage with electric ( approx 27 x 12 ) and a nice sized shed on this charming and peaceful property Minutes to the town of Millerton, Harlem Valley rail trail, shopping and restaurants. 15 minutes to Metro North in Wassaic. This home is " As is "
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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 | $191,920 | $191,920 | $191,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $351 | $351 | $351 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,277 | $1,276 | $1,618 |
Total Monthly Payment | $1,703 | $1,702 | $2,044 |
* 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.