CLASSIC HUDSON RIVER LIVING at The Foundry, offering an industrial style aesthetic with the conveniences of modern condo living. Just one block to the historic Newburgh Waterfront and walkable to the shops and restaurants on Liberty Street and the surrounding area, this almost 1100 square foot unit offers an exceptional floor plan conducive to working from home or sharing. With soaring 10 foot ceilings and oversized windows throughout, this sunny unit offers abundant natural light and ample air flow. Modern bathrooms and kitchen, central air and common laundry on each floor provide the comforts of contemporary city living in a rivertown atmoshpere. Building an inner court yard (future garden) and secure lobby and elevator. Walkable to the Ferry to Beacon, and just minutes to I-84, I-87 and less than 60 miles from NYC. Minutes to Storm King Art Center, Dia Beacon and world class hiking and boating. Small pet permitted at landlord's discretion. Landlord prefers credit of 700 or higher and income at least 3 times the rent.
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Our Executive Mortgage Banker:
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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 | $1,760 | $1,760 | $1,760 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.490% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.681% | 6.678% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $12 | $11 | $15 |
Total Monthly Payment | $87 | $86 | $90 |
* 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.