Talk about a Diamond in the Rough folks! Sure this old cottage needs some serious renovation, but all the charm and intrigue of the Catskills is already deeply infused into this quaint little cottage on just under 1. 5 acres. Listen to the babbling spring fed brook besides the old chicken coop and garden area as you work to see your vision come to life! Handymen, contractors, visionaries or just plain people with will and gumption. . . this is the property for you! Perhaps this is just an investment for you to flip or maybe it calls out as a home away from home, but regardless a dreamy opportunity awaits those who see what this delightful property could be. Close to the vibrant and active towns of Roscoe and Livingston Manor, yet tucked into a private setting just up the road from the Beaverkill River and a variety of amazing recreational options, this 2 bedroom, 1 bath escape is begging for some serious TLC. Beautiful area, well kept neighboring properties and nowhere to go but up! Additional construction materials onsite. Bring your ideas, bring your tools and bring a serious offer! Additional Information: HeatingFuel: Oil Above Ground, ParkingFeatures: 2 Car Attached,
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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 | $111,200 | $111,200 | $111,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $156 | $156 | $156 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $731 | $731 | $931 |
Total Monthly Payment | $962 | $962 | $1,162 |
* 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.