Calling all investors! This diamond in the rough is waiting to shine again! This legal 2 bedroom, lives like 3, 2 full bath, 1500+ SQFT house sits on over 3 acres in picturesque pleasant valley in the Arlington School District. As you enter the home into the foyer with original fireplace and head down the hall to find the first bedroom, kitchen and dining area, and den/art studio complete with dark room. On the other side of the house is the living room with access to the backyard, and an additional bedroom with walk-in closet. Upstairs you'll find the primary bedroom with walk-in closet, and a full bathroom. The outside multi-level patio and screened in porch offer a great space for relaxing or entertaining friends and family. Close to taconic and route 44. This home is waiting for its next owner to make it shine ! Cash or Rehab loans only, please.
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Our Executive Mortgage Banker:
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$200,000
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 | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $749 | $749 | $749 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,078 | $1,051 | $1,349 |
Total Monthly Payment | $1,902 | $1,875 | $2,173 |
* 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.