Discover an exceptional opportunity with this expansive approximate 3, 200 sq. ft. ground-level condo that includes a legal accessory unit, ideally situated in the sought-after Central Monsey Decatur Ave area. This versatile property features two connected units—perfect for anyone, seeking additional space, multi-generational living, or legal rental potential. With a total of seven bedrooms, there’s plenty of room for everyone complemented by 4/2 bathrooms for convenience. The layout of the main unit includes a generous kitchen and dining room, providing ample space for entertaining, Enjoy a playroom with second kitchen that leads to a charming front patio, ideal for outdoor relaxation. 4 bedrooms and 2. 5 bathrooms, A dedicated laundry room adds to the functionality, while interior access to a large unfinished basement with egress windows offers possibilities for additional living space or storage. The legal accessory unit has a cozy kitchen with a welcoming dining room, 3 inviting spacious bedrooms, 2 full bathrooms, and a separate unfinished walkout basement with egress windows, offering additional space and versatility. Low taxes and maintenance fees makes it the most affordable unit in in this desirable area. This property is surrounded by local amenities, schools, and parks, making it a perfect place to call home. Don’t miss out on this incredible opportunity to own a spacious condo in Spring Valley!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $908 | $908 | $908 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,069 | $6,574 | $8,776 |
Total Monthly Payment | $7,102 | $7,607 | $9,809 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.