Opportunity Awaits! This two-family home is conveniently located just minutes from shopping, the Metro-North train station, Vassar Hospital, and so much more. It's a perfect fit for those seeking an income-producing investment or a multi-generational living arrangement. Each unit has its own separate gas and electric meters, ensuring tenants are responsible for their own utility bills. First-floor unit (vacant) includes a kitchen, living room, dining area, and a washer/ dryer. It offers two bedrooms, an office/playroom and a full bathroom. Off the rear is a deck that provides plenty of space for entertaining guests and family whether it's hosting barbecues, enjoying outdoor meals, or simply relaxing on a warm evening. Second-floor unit (occupied) features a kitchen, full bath, and washer/dryer on the main floor. Elevate to the second level where you'll find a living room, two bedrooms, and a versatile third room that could serve as a playroom, office, or den. The property provides ample parking along with a shed for outdoor storage. With its combination of convenience, functionality, and entertainment space, this home delivers an excellent investment and lifestyle opportunity! Whether you're looking to generate rental income or accommodate extended family, this home offers incredible potential! Come take a look! See attached documents for county records & income/expense sheet.
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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 | $287,920 | $287,920 | $287,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $590 | $590 | $590 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,916 | $1,914 | $2,428 |
Total Monthly Payment | $2,581 | $2,579 | $3,093 |
* 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.