Opportunity Awaits with This Versatile Multi-Unit Property on 2. 73 Acres! Discover the potential of this expansive 2. 73-acre property, which offers a wealth of features and possibilities for growth. At the heart of the property is a charming 3-bedroom, 2-bath ranch-style home, designed for comfortable, single-level living with its spacious layout and inviting ambiance. The property includes a sizable 2-car garage, providing ample space for vehicles and additional storage. Behind the garage, you'll find a separate office area, complete with roughed-in plumbing for a full bath. This flexible space has the potential to be transformed into a guest suite, workshop, or additional living quarters to suit your needs. Above the garage, there is a self-contained 2-bedroom, 1-bath apartment. This separate unit offers great rental potential or can serve as a private living space for extended family or guests, enhancing the property's versatility. Adding to the property's charm is an older horse barn, which could be used for various purposes, whether as a barn, workshop, or converted into a unique space that fits your vision. With nearly 3 acres of land, this property provides ample room for expansion, outdoor activities, or specialized uses. Its location is equally advantageous—just one mile from the Taconic Parkway, ensuring easy access to major routes and conveniences. The property is also conveniently close to the rail trail, perfect for outdoor enthusiasts, and the popular Stormville Flea Markets, ideal for unique finds and local shopping. This property presents a remarkable opportunity for investors, entrepreneurs, or anyone looking to create their dream home with added space and flexibility. Don’t miss out on exploring all the possibilities this property has to offer! Additional Information: HeatingFuel: Oil Above Ground, ParkingFeatures: 2 Car Detached,
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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 | $439,200 | $439,200 | $439,200 |
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 | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $774 | $774 | $774 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,922 | $2,919 | $3,704 |
Total Monthly Payment | $3,788 | $3,785 | $4,570 |
* 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.