Enjoy Hudson River views from this classic multi-family Queen Anne style home in Newburgh's Washington Heights East End Historic District! Washington Heights is an established residential neighborhood only one block from the scenic "bluff" with views of the mountains and Hudson River! This home has 2 units, one with 2 Bedrooms and 1 bathroom and the other with 3 bedrooms and 1. 5 bathrooms, and can easily be converted back to a one family. There is also a sweet backyard and two car freestanding garage. This property is awaiting its new owner who has vision to reshape it as there is unlimited potential for its next chapter. Situated near, galleries, boutique restaurants, the waterfront, parks and local shops. Also close by: SUNY Orange, Mount St. Mary's College, Downing Park and Washington's Headquarters. Commuter friendly location just 10 minutes to New York State Thruway (87), Interstate 84, the Newburgh/Beacon Bridge, Metro North Train Station (via the Newburgh Ferry) and Stewart International Airport! Join in, in Newburgh's renaissance! Additional Information: ParkingFeatures: 2 Car Detached,
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William Raveis Real Estate
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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 | $280,000 | $280,000 | $280,000 |
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 | $858 | $858 | $858 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,886 | $1,861 | $2,361 |
Total Monthly Payment | $2,819 | $2,794 | $3,294 |
* 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.