This is the ULTIMATE OPPORTUNITY to own an INCOME PRODUCING PROPERTY and live in a LUXURIOUS HOME with an open, flowing floor plan with plenty of private living spaces for multigenerational living, flexible entertaining or home office spaces with the added BONUS of a legal 1 bedroom cottage which currently rents for $1700. 00 a month to cover your taxes on this GRAND ESTATE. The 1st floor of the main home boasts a large entry foyer, enormous living room with a wood burning fireplace and sliders to an enchanting patio, a FAMILY/BONUS room with cabinets, sink, stove, refrigerator to use as entertaining space with full bath plus it's own door to the backyard which is perfect for pool days and not having to go through the rest of the house, or this room could easily convert to a private in-law suite, HOME OFFICE, craft room , music room or whatever your heart desires, There is a large dining room and huge new kitchen with all the bells and whistles of New top of the line cabinets, granite counters, 8'3" x 5' island with granite top and bar sink plus more. The owners of this home are in the business of CUSTOM BUILDING & RENOVATING and have meticulously updated this house with the finest upgrades and extras. There is also 2 Bedrooms on the first level , one currently being used as an office, a full bath and a MASTER SUITE with a huge walk in closet and an amazing master bath with walk in shower, free standing soaking tub & double vanity. The finished attic consists of 2 nice sized bedrooms and another full bath. There is a large unfinished basement for storage, an attached 1 car garage with heat & a/c, pull down stairs for storage above plus a detached 2 car garage w/enclosed storage outside rear w attic storage and attached 2 vehicle carport, a sprawling circular blacktopped driveway with room for many vehicles, an above ground saltwater pool embraced by 12 x 12 private, peaceful deck, a 12 x 20 shed and an incredible, fully fenced in raised bed garden. PERFECT LOCATION for commuters, wether this is your weekend vacation getaway or year round retreat since this home/investment is centrally located within almost the same distances between, Warwick, Goshen and Chester . Close to all major highways with many amenities, activities and attractions just minutes away. There are unique boutiques, wineries, breweries, apple orchards, farm markets, antiques, hiking, skiing , boating , Lego Land plus many other adventures for you to explore. Your life will be enriched by having access to these lifestyle options that can be experienced everyday !
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Our Executive Mortgage Banker:
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$895,000
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 | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,301 | $1,301 | $1,301 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,009 | $4,350 | $5,898 |
Total Monthly Payment | $5,402 | $5,743 | $7,291 |
* 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.