The property is improved with a freestanding 1 story concrete block with stucco veneer building built c. 1952 on a level, at grade, lot with a blacktop driveway which leads to parking for 4-5 vehicles in the rear of the building. The building has a lobby with two rooms for office space, a lavatory and warehouse space. The warehouse ceiling height is approximately 10'3". The warehouse is accessed through the office space or through a manual roll up door (8'10" w X 8'2" h) which is in front of the building. There is also a manual roll up door on the rear of the building that is currently covered over with sheetrock in the interior of the building. Property is located in a residential neighborhood and is a legal non-confirming Warehouse with C. O. for Warehouse Storage/Distribution. Please verify use with the Village of Port Chester.
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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 | $608,000 | $608,000 | $608,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $1,374 | $1,374 | $1,374 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,045 | $4,041 | $5,127 |
Total Monthly Payment | $5,511 | $5,507 | $6,593 |
* 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.