Discover the charm and potential of this unique Chalet style multifamily home nestled between Hunter and Windham resorts. Priced at $540, 000 following a significant price reduction, this exceptional property is an ideal choice for those seeking a legal 2-family residence, savvy investors, or creative designers ready for their next project. Set on 5 private acres, it boasts 2, 880 sq ft of versatile living space. The upper level features an expansive 1, 800 sq ft open concept area with glass doors leading to an outdoor deck, three bedrooms, and two bathrooms. The primary bedroom offers a cedar-lined walk-in closet and private bath, while two additional bedrooms provide ample space. The kitchen, equipped with brand new appliances and a large center island, seamlessly connects to the dining and living area, highlighted by a wood-burning stone fireplace. The lower level includes a two-bedroom apartment with a full bath, open living area, and sliding glass doors that open to a covered deck overlooking a flat yard. It's an inviting space with separate entrance and ample potential. A two-car garage with workshop and basement access offers additional storage. With separate electric meters and entrances, this property can easily be reconfigured into a large single-family home. Offering privacy, potential income, and ample opportunity for personalization, this vacant property is in very good condition and awaits its new owners. Explore the possibilities today!
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$540,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $432,000 | $432,000 | $432,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,910 | $2,871 | $3,643 |
Total Monthly Payment | $3,002 | $2,963 | $3,735 |
* 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.