Presented byLeandra Bradley |
Investment Property - 6 units! 2 buildings on Main Street, in the heart of the historic district in Highland Falls. 260 Main Street features a studio (currently Crafty Dee's Canvas), Upstairs 3-bedroom apartment and Basement 1-bedroom apartment. 264 Main Street features a studio (currently The Center), Upstairs 2-bedroom apartment and Basement 1-bedroom apartment. Both buildings have had recent renovations to the studios and lower apartments as well as outdoor patios, decking and fencing. Appliances: Electric Water Heater BuildingAreaSource: Public Records,
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Our Executive Mortgage Banker:
Our Insurance Division:
$879,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 914.469.5095
Leandra.Bradley@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $703,200 | $703,200 | $703,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $768 | $768 | $768 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,938 | $4,330 | $5,839 |
Total Monthly Payment | $4,798 | $5,190 | $6,699 |
* 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.