Welcome to 10 Iroquois Avenue, Palisades, NY a hidden gem with tremendous potential! This fixer upper boasts 3 bedrooms and 1 bathroom within its 1312 square feet. Situated on a generous 16, 000 square foot lot, this property offers ample space for expansion and landscaping opportunities. Upon entering, you'll find a spacious living area with great natural light, perfect for creating a cozy retreat. The kitchen presents a blank canvas for your culinary vision, with plenty of room for modern updates and customization. The primary bedroom provides a comfortable space to unwind after a long day. The expansive backyard beckons with endless possibilities imagine creating your own outdoor oasis, complete with a garden or entertaining space. The property's size and potential make it a rare find in this sought-after neighborhood. Conveniently located in Palisades on the border of New Jersey, this home is within easy reach of local amenities and offers a prime opportunity to invest in a property with immense promise. Don't miss the chance to transform this fixer upper into the home of your dream. CASH Only!
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $1,250 | $1,250 | $1,250 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,036 |
Total Monthly Payment | $3,720 | $3,718 | $4,361 |
* 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.